Australian Politics Forum - Stock Market crashing !!

Sir lastnail Gold Member Offline Australian Politics Posts: 30047 Gender:	Stock Market crashing !! Mar 9^th, 2020 at 10:39am Check it out !! Down 5.6% to 5889 ! https://www.asx.com.au/
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Bobby. Gold Member Online Australian Politics Posts: 102645 Melbourne Gender:	Re: Stock Market crashing !! Reply #1 - Mar 9^th, 2020 at 10:40am Its' worse than the 2008 crash.
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greggerypeccary Gold Member Online Australian Politics Posts: 136215 Gender:	Re: Stock Market crashing !! Reply #2 - Mar 9^th, 2020 at 10:41am ASX crashes below 6,000 in worst opening since global financial crisis.
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Bobby. Gold Member Online Australian Politics Posts: 102645 Melbourne Gender:	Re: Stock Market crashing !! Reply #3 - Mar 9^th, 2020 at 10:45am BHP down 10.3%
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greggerypeccary Gold Member Online Australian Politics Posts: 136215 Gender:	Re: Stock Market crashing !! Reply #4 - Mar 9^th, 2020 at 10:49am Bobby. wrote on Mar 9^th, 2020 at 10:45am: BHP down 10.3%
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Bobby.

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Re: Stock Market crashing !!
Reply #5 - Mar 9^th, 2020 at 10:54am

Forget the surplus.

https://www.skynews.com.au/details/_6139505165001

PM to unveil $10bn stimulus package
09/03/2020|1min

Prime Minister Scott Morrison is expected to unveil a stimulus package worth at least $10 billion this week in a bid to stave off a recession.

The government's 'razor gang' will present a proposal to Cabinet on Tuesday, but won't be finalised until at least Wednesday.

The treasurer is canvassing a range of options to boost household spending, but the cash injection will be business and jobs focused.

Josh Frydenberg has jettisoned the forecast $5 billion suprlus and is leaning on the states and territory governments to adopt their own plans.

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Sir lastnail

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Re: Stock Market crashing !!
Reply #6 - Mar 9^th, 2020 at 10:57am

Bobby. wrote on Mar 9^th, 2020 at 10:54am:

Forget the surplus.

https://www.skynews.com.au/details/_6139505165001

PM to unveil $10bn stimulus package
09/03/2020|1min

Prime Minister Scott Morrison is expected to unveil a stimulus package worth at least $10 billion this week in a bid to stave off a recession.

The government's 'razor gang' will present a proposal to Cabinet on Tuesday, but won't be finalised until at least Wednesday.

The treasurer is canvassing a range of options to boost household spending, but the cash injection will be business and jobs focused.

Josh Frydenberg has jettisoned the forecast $5 billion suprlus and is leaning on the states and territory governments to adopt their own plans.

yes all will go to real estate agents and property developers so house prices don't crash Sad

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Bobby. Gold Member Online Australian Politics Posts: 102645 Melbourne Gender:	Re: Stock Market crashing !! Reply #7 - Mar 9^th, 2020 at 11:04am Sir lastnail wrote on Mar 9^th, 2020 at 10:57am: yes all will go to real estate agents and property developers so house prices don't crash Houses will go down too as people will be retrenched. How will they pay their mortgages?
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Sir lastnail

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Re: Stock Market crashing !!
Reply #8 - Mar 9^th, 2020 at 11:08am

Bobby. wrote on Mar 9^th, 2020 at 11:04am:

Sir lastnail wrote on Mar 9^th, 2020 at 10:57am:

yes all will go to real estate agents and property developers so house prices don't crash Sad

Houses will go down too as people will be retrenched.

How will they pay their mortgages?

scumo will give them a cheap loan but only to pay their mortgages and nothing else Wink

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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greggerypeccary Gold Member Online Australian Politics Posts: 136215 Gender:	Re: Stock Market crashing !! Reply #9 - Mar 9^th, 2020 at 11:26am Bobby. wrote on Mar 9^th, 2020 at 11:04am: Sir lastnail wrote on Mar 9^th, 2020 at 10:57am: yes all will go to real estate agents and property developers so house prices don't crash Houses will go down too as people will be retrenched. How will they pay their mortgages? Raise their hands and pray to God.
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Gordon Gold Member Offline Australian Politics Posts: 20470 Gordon Gender:	Re: Stock Market crashing !! Reply #10 - Mar 9^th, 2020 at 11:31am Bobby. wrote on Mar 9^th, 2020 at 10:45am: BHP down 10.3% I'm charting it to hit about $20
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Sir lastnail Gold Member Offline Australian Politics Posts: 30047 Gender:	Re: Stock Market crashing !! Reply #11 - Mar 9^th, 2020 at 11:34am ASX down 6.1% !!
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Gordon Gold Member Offline Australian Politics Posts: 20470 Gordon Gender:	Re: Stock Market crashing !! Reply #12 - Mar 9^th, 2020 at 11:36am Sir lastnail wrote on Mar 9^th, 2020 at 11:34am: ASX down 6.1% !! A smart bloke like you would see this as a buying opportunity, right?
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Baronvonrort

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Re: Stock Market crashing !!
Reply #13 - Mar 9^th, 2020 at 12:09pm

Gordon wrote on Mar 9^th, 2020 at 11:36am:

Sir lastnail wrote on Mar 9^th, 2020 at 11:34am:

ASX down 6.1% !!

A smart bloke like you would see this as a buying opportunity, right?

Nah Nails doesn't have any money.

Smart is offloading 3000 Commonwealth Banks shares on Thursday afternoon at $77.50 then buying them back at $70.08 today for a tidy sum in a couple of days.

The Commonwealth bank isn't going to go broke the lefties continually whinge how banks are crooks..lol

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Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

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The_Barnacle Gold Member Offline Australian Politics Posts: 6205 Melbourne Gender:	Re: Stock Market crashing !! Reply #14 - Mar 9^th, 2020 at 12:12pm It's just another symptom of people panicking. Just like the toilet paper
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