Smells like code brown.
“What we’re seeing right now is the sharpest synchronised tightening of monetary policy in the modern era, and that’s having obvious consequences for economies right around the world – and what happens here in the US when it comes to interest rates has consequences for us as well,” Chalmers said.
“The risk here is a hard landing brought about by the blunt and brutal application of tighter monetary policy, and that is a central part of the conversation that I’ll be having with my colleagues from around the world.”https://www.smh.com.au/politics/federal/chalmers-to-raise-blunt-and-brutal-monetary-policy-with-us-federal-reserve-20221013-p5bpea.html
Ah, the ”obvious consequences” whose name he dare not speak! what might they be?!
Jimbo knows that the RBA can’t fight the Fed (and low exchange rate won’t help local producers, just roger consumers who are all that there is left). So he has to beg the Fed to ease up.
how humiliating that must be!
ezfka is unfortunately collateral damage in this trade/economic war that the US is waging
But in more important news
Yes, collateral damage. And so it seems like desperation to beg so transparently for asset price support, because the USA won’t give a shit.
And it is asset price support that he’s begging for, because, remember, ezfka has very little government debt.
still, I guess he has to go and worship at the altar of the hegemon, because he needs to be able to tell the ezfka investaz that he tried, he took it to the highest levels, etc.
Still 45% of gdp
Not as bad as other developed economies, but still going to be a substantial interest cost going forward at 5% plus rates
guess ezfka govt will also have to bailout the banks though
And we know that chalmers isn’t planning to nationalise them, just get the citizens of ezfka to fund recapitalisation instead
who knows, maybe he is actually telling the fed to go harder
He’ll be asking how hard the fed is likely to be going in the future so he has advanced warning. He couldn’t be dumb enough to think he has any actual influence on US policy.
Not sure that it’s going to do him a lot of good:
United States Inflation Rate
0.75%…..here we come……if we’re lucky 🙂
Bloody hell….one edit and it’s spam!
United States Inflation Rate
I didn’t need to read about Casey Jenkins. Revolting, Thanks. Not.
rental market is tighter than ever here feels like purchase prices keep rising too. i see zero evidence anyone is tightening up the malls are totally packed people buying crap they dont need
really doubt therell ever be a crash
Interest rates will definitely weigh on valuations, if you ask me. but it’s a slow process.
you are right though, in that rents are rising and this will tend to support valuations. And rents will be tight while we keep importing folks by the million.
still, there is an enormous difference between borrowing at 2% and borrowing at 5%.
people will keep spending until something breaks. Nothing has really broken yet.
one thing that could upset the apple cart is a proper sustained spike in power costs – killing some businesses (employment) and also sucking out all disposable cash from households. In this matter, again, MB is on the side of supporting house prices, by preventing any pain.
With the borders open and permanent migration ramping up again in tandem with the return of international students and other temporary visa holders, we expect to see the resident population of Australia increase by one million over the next two to three years
It is interesting what gets scrubbed from the internet.
I remember reading this prediction of economic collapse in the West by this site called Deagel, which was infamous a few years back because it predicted economic and population crash in the west.
For a while they got mainstream enough that stories of its ‘conspiracy theory’ even got reported on in the media:
It has now been scrubbed from the internet, although supposedly there is a web archive version of it:
I think the argument was that as we tipped over into resource scarcity, especially relative oil scarcity the financialization of the West’s economies would unravel.
From memory it was one of those sites where their forecast always seemed to stay 3 years ahead of the current year. I find the theory plausible, but not the time line which I saw as being preposterous. I saw it as someone’s wild musings of what could be. But it is interesting that it has been so effectively scrubbed.
Yes, Stewie, I remember sifting through Deagel back in the day. I was always curious as to their algorithm to make the predictions as they seem to be so out of whack with the MSM.
From memory, their scenarios were heavily weighted towards catastrophic decline in the collective west, and rise of the collective east and south.
Observing the trends today, one might, just might, think that they were onto something.
I wonder what entity bankrolled that project.
Most people that have got mortgages or refinanced since COVID are likely on fixed rates that will expire in the next year.
I don’t think prices will drop substantially until there’s a cascade of forced sales whether from unaffordable new repayments, rapid increase in the cost of living, etc. At the moment the small drop in prices is due to people having less borrowing capacity because most of them go out and borrow the absolute maximum they can on the assumption prices always rise so the more you borrow the more you profit on asset inflation.
This seems to be the thing that everybody doesn’t acknowledge.
The only way house prices are going to crash due to financial influences is after massive pain has been inflicted. As long as people can continue to afford to pay and the supply hasn’t been loosened up to the point of enabling demand to be met at a lower price point they will continue to pay current prices.
fuck I hate the ALP
why can people never be expected to face the consequences of their own actions
They’ll buy these places and spend a truckload of money doing it. Ten years time people will move back there.
Look at that boom! House prices may be at bottom soon
Rate of decline has been slowing. So bottom will be reached soon.
I hardly see many For Lease signs and when I do, they have a Leased sticker within a week.
Shut your mouth! As a member of the
landedmortgaged gentry, I reject your premise!
It’s actually quite an impressive chart while also depressing.
The panic is setting in, I like it !
It reads more like plausible deniability. Nobody saw it coming. Out of our control.
oh and btw we are stilling going to proceed with record immigration, skyrocketing rents, and wage suppression.
No explanation provided by the judge as to why the trial is now being cut in length by 3-5 weeks but seems the prosecutor is not going to pull out
Also says that the evidence from the other witnesses is being witheld from the public until after britt has “finished” her testimony
Its all very dramatic isn’t it – the big reveal is going to be amazing, as there were multiple MPs called to give evidence
Also, bruce lehrman’s lawyer has a very fine set of tits on her
Someone please do the needful and embed the image to brighten up the page a bit
Bruce Lehman looks like he has a fine set of tits too.
seen this one yesterday and threw it at a person sitting juat over the edge of the jab fence and…. he did not care. The science denier i know (denying the scientific findings that Emma Renay is load of bull) care even less and is in denial – saying it does not matter now, we still hat to be jabbed to protect ourselves (also does not accept that Emma Renay protects for a bout 2 weeks at the risk of a heart / blood issue for lifetime).
my so far N=2 research continues… somehow I not uncertain that the sample is representative in entirety
None of it’s going to matter because they’ll just say something the risks are low, we had to do something, I was doing it to protect the vulnerable so it’s the thought that counts.
I dont believe that pfizer ever claimed that there was evidence for this?
It was dan andrews and the public health officers who claimed it was the true
Correct, their trial data shows that it did not show any evidence of protection, but that was not meant to be released for 75 years, but now that it is out there the pollies lies are being exposed.
Pfizer at any time over the past two years could have quickly corrected this misinformation being peddled by Biden and Fauci themselves.
today you’re on fire.
Agree with the above.
now woody as well
Just the family history of cholesterol. Warnie had his because he was drinking too many juice shakes.
yep too many Macca’s 😮💨 nuttin ti see here.
imagine the horror to contemplate it was not the cholesterol!
Tod was quite vocal against the purebloods, particularly during last AO I kinda coild not care less if that messenger thingo got to him. He who laugh last… will not be the Toddie
We fuck Tod then, eh? I hope he dies.
well, I’d agree on the coital vulgarism but not on the hope thingo.
Maybe I’m a minority Christian or maybe I simply learned to move on (but never forget).
Hence when the ceo at the previous employer ends up with sumtin-carditis or the clot I’d not be having a schadenfreude or be vindictive, I’d just bring him some flowers and thank for pushing me hard against taking the jabbadabba by threatening to sack me (which he did).
Presumably pfizer and anyone who would have looked at their data to approve the use of said vax DID know this, hence the desire to suppress the trials data for 75 years.
Also looks like florida did the further research I suggested many moons ago in this article and found a smoking gun.
the big ? still remains as to why the jabbadabba was pushed – in spite of knowing it does sfa.
I know, it is to run the largest ever clinical trial of Emma Renay (cue in the smear campaign against non Emma Renay and other types), but is it possible that one single company can have a sway of thuis size to control US, WHO and other US minions.
Also, Y-daFaq Slants and Vodka soakers went along and developed their own varieties?
Simplest explanation is still too squeaky.
I’m going to Nick this
It was already nicked from an old meme – just given an artistic makeover for a new era 🙂
You’d think this would be all over news.com.au
The great Neil Oliver 0n free speech, free thought and CBDCs.
Long (for current versions of “long” ie more than 30 seconds or 140 characters) but well worth watching.
I don’t mind his vids. But I do think he come across a bit biased full on / easily dismissable by those looking not to question there own thoughts. I have recently had redacted come up on my YouTube feed. What are people’s thoughts on that channel here’s a video which seems logical to me.
If you’re looking for good coverage of Ukraine, there’s a few but if you’re looking for stuff that doesn’t drive away the normies I think Brian at the New Atlas is good at taking people through the reasoning.
Colonel Douglas MacGregor is a bit quicker paced
For history the comments section is always knowledgable
and LSWCP – i agree – Neil Oliver is a great man – in a nation of wee men.
They certainly appear to have had their balls cut off by that psycho Sturgeon, with all the trans licking and other woke shit that’s happening over there. They used to be fierce and dour warriors. Not so much, these days.
Yeah, The New Atlas is really good and the same with The Duran.
Cheers mate will check them out on weekend
I watch Redacted now and again. They do interview some good people that the MSM don’t. If you are not after just the military side of things in Ukraine, the Redacted channel is good. If you are after the military side, then view The New Atlas.
Ta. Thanks for responses people. Like I said the bloke interviewed on that link seemed to speak so logically. I do find the host of redacted a bit sus. But that’s a personal bias.
The points I see as unobjectionable:
– Ukraines best trained would likely have suffered big losses of some degree
-russia has ability to strike at will deep into Ukraine. Lviv
-russia sent 200 missiles and killed a couple of dozen people ‘only’-
The one takeaway for me was there will be no nuclear war. Russia will decimate Ukraine without nukes. China will remain close to Russia on this territorial claim. A further weekened West.
Ive tried to type this afew times without coming across in an unthwart way. But all the death will be for nothing, that is proper sad.
Those points are pretty similar between Redacted, The New Atlas and The Duran. The New Atlas has been saying the Kherson has cost Ukraine dearly in terms of men and equipment.
I believe a couple of days ago, Redacted had a guest saying the US has boots on the ground.
The thing that I agree with Redacted is that now is a good time to negotiate for peace. But it won’t happen as US Congress members don’t want to see their shares in Raytheon, Lockheed Martin and Boeing go down in price.
US will not negotiate when they are at a loss or when negotiating will result in one. Rest assured, negotiation will not occur soon. Unless the Ukes are already defeated by Ruzzkis and the defeat is soon to become obvious.
Minsk 2 and the one earlier this year (nuked by BoJo) gave Ukes a chance to save the face and maintain peace within previous borders but alas, that was not the purpose of this conflict so the deal(s) was stillborn.
Gonzalo Lira is worthwhile when he has good guests on his roundtable discussions
Gonzalo is a total opposite of Marrin North. The first one could tell you the worst news and it would be sounding much less bad than actually is and the later could be telling you that the world has no more hungry children and the peace will last for 1000 years – and you’d still be depressed.
i was hoping to see wilko get probed by Mr Whycross though
what an absolute debacle this has been
we find out everything tomorrow, its gonna be a big day for higgins news
that rmeinds me what the fuck happened with the ben roberts smith shit
Hopefully soy boy will keep us updated
Not to encourage you even more, but waiting with baited breath on your new expose of the SMO progress.
Clutching pearls, deep breaths, maybe an occasional wank.
I won’t be able to sleep a wink
my question is: who decided to call an early close to this shit show
-the judge: who has seen enough of this sham prosecution
-the defence: who have realised the case is already won and no need to risk any witnesses saying something else stupid that might fuck it up
-the prosecutor: who doesn’t want to be embarrassed by being associated with this debacle any further
I was thinking the defence, because surely they were the ones who called wilko to testify (rather than prosecution)
or maybe they all got a tap on the shoulder from the halls of power to end it early as it was too embarrassing for the powers that be
one more possibility but i think its least likely; brucey has been done in by a witness we havent heard about due to the suppression wed-thurs and the case is over on behalf of higgins
my guess is you’re right it’s 2), defense is calling it in early bc a done deal
‘…already started drafting chapters, before she made an official statement to police.’ Also tampered with evidence i.e. the dress.
Shows how far the rule of law has regressed in large parts of the Anglo west. The court of public opinion and mob justice based on emotionalism and amplified by social media is seen as a more lucrative path.
Fact checked – True.
Of all the outrageous mentally unstable things he has said over the years in public, only one had this effect. Know your place son of Ham.
Reminds us of the end of Public Enemy – they looked into the slave trade and found it was 80-90% run by chews.
They started educating people of this fact and soon lost their record contracts.
Funny how they think the black man is their little toy until it revolts and educates itself
there was this black caribbean professor who did an awesome presentation about that at a david irving convention 20 years ago or so, one of the best lectures (hilarious too)
interesting find staggers!
I like how pod people keep using Tulsi in these montages, as though she were one of the WEF hand puppets. They offered her the world and she walked away.
She’s got all the pokemon points that WEF look for in their young leaders; firstly she’s female, secondly she’s a female POC and thirdly she is young (relatively) and charismatic. All she had to do was play ball and she was a shoe in like Jacinta “I’ll slow immigration and make housing affordable” Ahern. But she didn’t. She has a quality nearly everyone else in that montage apart from Dan Crenshaw lacks – patriotism.
When you sell out your country to the Globalists having even a shred of patriotism is a big problem. There is nothing wrong with being young and naïve and attending such a prestigious conference as the WEF was back then – there is a problem in adhering to and implementing its policies.
If she hadn’t walked away, Tulsi, would now be the Vice President of the United States rather than than moron Kamila Harris.
I find tulsi very attractive and the Dalai Lama would approve of her as a figure head.
Fucking oath, she’s a figure I’d be happy on my head.
So true. Tulsi is americas only hope but they are too stupid to realise.
true or false: brittany higgins is full of excuses
i think theres a decent possibility the jury will do brucey in though
Today, Ms Higgins conceded she told officers in 2019 that she had gone to a doctor and was waiting on tests, but never attended a medical appointment.
“I continued to make appointments. I had [the] intention of going but I was so depressed, I couldn’t get out of bed,” she said.
she sez that she would never lie about a rape to save her job, then says she cared about her job more than her own life and will be cordial to a rapist to keep it.?????!
so she was interacting with brucey via email post rape lmao
ok so maybe he did do it
very hard to say now
if I was on the jury I’d still go not guilty but it’s reasonable
what was revealed? the sec guard finding her in the room, but that can be interpreted away easily
i reckon they banged, lehrman is lying about that for good reason
whether it was rape tho idk, prob not
so brucey is lying about the fact that they didnt fuck to shore up his case, but may not have raped her. most likely scenario i think
Pretty risky to have denied fucking her if he did
since he couldn’t have known at the time that she didn’t get a medical examination , or that she had washed the dress etc
so maybe they didn’t fuck
verrrry hard call
EDIT: if he did fuck her, then claimed to police that he didn’t he’s a fucking idiot
and he just got very lucky that she’s also an idiot and didn’t get evidence
but who knows what you would say under pressure with police
Mainly the security guard testimony
unless she’s lying too
the dress is neither here nor there
what else was he doing for 20 minutes aside from fucking her
i knew the sec guard stuff from the start
lehrman is obv lying, thy fucked
but was it actually rape?
he’s not on trial for lying