GW 🇦🇺 🇺🇦

I guess its like Aussies and Kiwis taking the piss out of each other, siblings

The non-war economy has been in recession for awhile, the GDP figures indicate its now in free-fall

Umm, so CB is forced to dramatically lower interest rates and inflation takes off 😂

I wonder where the g spot is? (Great spot for a view)

Da

If it continues at same rate it will be US$140billion at end of year 7% of GDP, equiv US deficit would be $1.9 trillion (umm lol)

It’s unlikely to be a smaller deficit

Exactly, when one link in the chain breaks they will discover the chain is paper, not steel

Seems RFK is also running the Ru health system too

This all has a cumulative effect, everybody owes everybody and once one part of the chain gets to a breaking strain, everything breaks

Trueish, but they can’t borrow externally and NWF (piggy bank) is nearly empty, their economy/standard of living is much lower (no fat to cut) so restricted budget spending on non-military expenditure REALlY hurts people and productivity. They are creating money and recycling it too many times.

NK and Chinese slave labor

I wonder if they are being actively sold or just a function of not buying any new so % is dropping

Nerdy girl
Porn? Or russia collapsing, either is acceptable

They are neck deep in the “sunk cost fallacy” and about to drown

Umm, who’s going to tell him

It’s very bad and it will get worse

Let kids be kids,they are exposed to the horrors of the real world soon enough, but in my house Mum and Day bought the main presents and Santa bought the sack of random goodies, bugger him getting the majority of the credit

But Santa is real right😳

In essence the govt is printing money, lending it to the banks who are then lending it back to the govt. It’s just digging them into a deeper and deeper hole

It’s all pretty logical, you need longer passing loops and shunting yards etc to build the consists and run longer trains. In Aus the passing loops are govt owned and funded, but the logistics yards are private (mostly)

The dildo of consequence is going to arrive singed

Are you 11 lol

I think they also do practice drills etc, I wouldn’t worry about it

So they are paying back more than they can borrow and the banks have ran out of money, so they are going to print money so the banks can lend it back to them and possibly lower interest rates, all whilst inflation is rising, bahahaha, it will get worse 😂

Cashflow and the ability not simply not pay the bills, they are running out of wriggle room

Exactly, cashflow must really be tight now, no kicking it along to the end of the budget year

Most likely

So calling them out this way, is a little unexpected.

Worth taking note of.

All in all, it’s clear that

IT WILL GET WORSE

~ The End ~

But what about the tax on coupon payments? It’s effectively a 25%? discount on the payment