This country is literally going to collapse

kek

>Remember who the real victims are in this crisis: COMMERCIAL BANKS
ftfy

Did they go all in on LINK?

>greatest amount of everything in the ground. greatest amount of offshore gas. arable land as far as the eye can see. not to mention we're an island so if we went full ethnostate and developed our own nuclear weapons we'd be unstoppable.

What are we investing in lads?
There's no way the economy won't bounce back, it may take a while though.
I'm thinking of buying into bank shares while they're down, a few companies like afterpay have dropped to ridiculously low prices and I can't see them not bouncing back eventually either.
You can turn a profit in times like these with a bit of luck and patience.

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So where are you cunts putting your money for the meltdown? Over the last few years I managed to stack 1100oz silver and 2oz gold and I'd get more if it wasn't so expensive and hard to get now.

If you're longing, S&P 500.

we are full, also we dont take in criminals

my question is how long do we have? thoughts on how long this deflation lasts before helicopter money takes over? If I was taking a random guess i would say anywhere up to a year.

afterpay I am starting to watch closely. every cunt cleaned themselves out panic buying, but you can bet as soon as the lock-downs are lifted they will go nuts consooming big time and it'll all be on credit and afterpay. that's if afterpay don't go bankrupt in the meantime.

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Europeans aren't equipped to survive in the Australian climate. It causes disturbances in the personality followed by extinction. None of your genetics evolved for that much sunlight and heat.

the majority of arable land is in on the coast you schmuck. Taking out forestland on the east coast will deal the crippling blow to the local climate to make even that land fucked. Literally in all 200 years this fucker's been around the only thing that's saved us is our mining booms and deepthroating the US on Englands leash. The nips literally ignored Australia in WW2 because we literally weren't worth taking and made us piss ourselves when they sent a single sub to darwin.

In times like these, expansionism is a good move. I say we annex New Zealand.

fwiw, we dabbed on that submarine

you play too many map games incel

Breathe Greta, breathe . . we talked about this

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kys

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I’m an Australian and live in Australia. How do I profit off this?

Buy low, sell high.

crude oil?

You do understand he's literally saying Australian and New Zealand troops were literally used as cannon fodder right.
You don't need to suck off a literal sperg figurehead to point out our land is shit for vegetation.

44% of the working population (4 million people) will lose their job.

Centerlink gibs for all

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Unfortunately our dollar is fucked so buying S&P 500 etfs are inflated, even though they're still down.

I'd definitely buy asx 300 once we hit 40% down from peak which almost happened today. Might drop lower but you'll definitely be up with a good rate of return in 5-10 years.

Holy shit I just ran the numbers and this strategy actually could be profitable! Did Yas Forums have it backwards this whole time??

get a hold of this goyim. ya cant cunt

lol every time you nerds submit things to UTS Confessions. Keep it up gents. Shill kleros more tho.

ha, ohh dear

hope that is under the legal threshold of 10k

lol imagine thinking this as a chinese vassal state

and that's a good thing

Australia is a US vassal and has been since the CIA BTFO Gough Whitlam for trying to nationalise our coal and oil.

I can't breathe, you've literally got it completely wrong (Except Mexico, by some miracle they are going to do well)

Just USD at the moment. Made 20% on my AUD value just from holding it a couple weeks.

Boys what's this about early super? I want to put it in link since it's a better long term hold.

gotta prove you lost income due to coronachan or some shit, then you can pull out 10k now, 10k next financial year

I was looking at afterpay but they havent actually turned a profit in 3 years. seems like a company that could go bust before they make any real money.
other than that, mining companies. FMG, BHP, or Rio. Mining companies will do well leading out of a recession and the weak aud is very good for them

>drawdown on you super after the market crashes 50% KEK

>talking about afterpay in the glorious century of BitCoin

Im planning on buying a shitload of GEAR
Its a leveraged index, so if All ords goes up 5%, it goes up 10%
It was 30$ on 20th of Feb, now its down to about 10$

Does buying supplies count?

get fucked chang

God fucking damn it fuck this faggot fucking communist fucking cunt I hate this government so much. All I do is pay shit because I wasn't retarded enough to get a 600k mortgage and a job that would tank in a recession. Houses better be fucking cheap soon and if that cunt bails the banks out again I'm going to riot.

I fucking hope so, then all the tourists will finally fuck off

based

lol if you can't pay your mortgage the banks are saying dont worry it's fine we'll just put it on pause till whenever, they won't kick you out or anything.

retard

holding cash and depositing into the bank is unaffected by this law, maybe even purchasing cars however this aspect is not explicitly specified and is subject to the discretion of the residing minister. But yeah, that law is for gays.
faggot

They'll still be calculating interest. They other problem is that they'll lose cashflow which is the big concern for all businesses at the moment. No cashflow leads to insolvency especially when everything is leveraged to the eyeballs.

>no way the economy won't bounce back
I'm optimistic too but lol, it's definitely something that could happen.

aussies have a really small workforce huh...

Europeans are not equipped to survive in the European climate.
It causes you to get cold, followed by extinction.
None of our genetics evolved for temperatures lower than 15°C

good

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