Non Footy Chat Thread II

[Chipmunk]

Prostitutes ... have ... gotten cheaper.

How do you know this?

 

[Poupou Escobar]

Capitalism has a shelf life and we are approaching its end. It's just not sustainable

There is nothing more sustainable than markets. What’s not sustainable is governments interfering in it to the extent that they are. Obviously there needs to be some oversight or the little fish all get eaten. But too much oversight and the little fish stop matching their contributions to their needs. It’s a balancing act.

 

[Poupou Escobar]

They are not the law makers or the cash giver-out-er-ers.

Fashionable ideology costs nothing. Like wokeism in general really. Its adherents are like unpaid volunteers, except usually they’re getting paid by the government or big adult-daycare style consultancies.

 

[Poupou Escobar]

How do you know this?

That’s the joke ffs

 

[Incorrect]

Set up and your easily sucked in. Honestly don't beleive everything on social media
f**king rabbit

Yeah but how good are Erika Harris' cans??!!!

 

[hindy111]

Nothing surer. Instead of making stuff people need, merkins were huddling in their homes.

I love how the left nut huggers pointed blame at weather and war rather then the actual cause.
Heads in sand
f**kn rabbits

 

[hindy111]

It scares me.

Next year you'll see the real mess. Right now people are still spending and living their old lifestyles. Wait till the penny drops along with many of these 1.98% fixed rate terms ending.

A big mess

 

[Gronk]

Fashionable ideology costs nothing. Like wokeism in general really. Its adherents are like unpaid volunteers, except usually they’re getting paid by the government or big adult-daycare style consultancies.

Word salad.

 

[King-Gutho94]

It scares me.

I wouldn't say I have given up.

But what hope is there for a single bloke like me at 28 even trying to buy on a single income.

When you aren't even close. Unless I win 160 million powerball tonight.

Anywya I have decided just to make up for lost time during covid and go travelling in the next 3-4 years.

I have a decent share in a family investment property atm up in Forster.

But in terms of buying anything by myself I have no hope until I find myself a missus where you have at least 2 full time incomes to rely upon.

 

[Bandwagon]

From my uni days, I think we are approaching stagflation. However we have low unemployment which may avert this situation.

GDP is growing at 3 - 4%, which is behind inflation, but not low, and unemployment is lower than what we were calling full employment a coupla years ago, it's all a bit weird cause wages aren't driving inflation, but it's not stagflation by any means.

It could be though that high commodity prices are artificially inflating growth, so maybe that kinda ticks two of the boxes, but then unemployment? Way to low.

 

[Bandwagon]

Petrol,food, electricity,dining,building materials,flights,accommodation,shipping.

All those have risen far more then 10%. Some closer to 50%
Shipping overseas has literaly doubled.
What's gone up by only 7%

Shipping has dropped a fair bit from peak, but peak was like 400% higher than early 2020.

 

[Bandwagon]

Russia and La Nina fault?

More like the world shut down for almost 2yrs on and off over some flu.
That's the main driver here. But let's ignore that and blame Putin and some rain. I'm sure they contributed but don't forget lockdowns. That's what we are paying for.

It's certainly more Russia and natural disasters here and now.

Lockdowns by themselves contributed f**k all to inflation, they f**ked supply for sure, however it was the governments response injecting a shit ton of cash into consumers pockets that pushed up demand, whilst supply was being f**ked that combined drove inflation.

 

[Suitman]

I wouldn't say I have given up.

But what hope is there for a single bloke like me at 28 even trying to buy on a single income.

When you aren't even close. Unless I win 160 million powerball tonight.

Anywya I have decided just to make up for lost time during covid and go travelling in the next 3-4 years.

I have a decent share in a family investment property atm up in Forster.

But in terms of buying anything by myself I have no hope until I find myself a missus where you have at least 2 full time incomes to rely upon.

You are 28 and you feel as though you have no hope. I completely understand your predicament.
I'm 58, single income and have been screwed financially. My rent is money going down the drain atm. I have no f**king hope of getting into the current market.
I feel your pain.

 

[Bandwagon]

In the end, if money is cheap and easy to get, it loses value, so everything you trade money for will increase in relative cost.

Supply issues are real, but in many instances they only exist because demand is stronger, and demand is only stronger because money costs less to spend today than it does to spend tomorrow.

 

[Bandwagon]

You are 28 and you feel as though you have no hope. I completely understand your predicament.
I'm 58, single income and have been screwed financially. My rent is money going down the drain atm. I have no f**king hope of getting into the current market.
I feel your pain.

Look on the bright side, at least your rent isn't principle being poured into a depreciating asset.

 

[Suitman]

Look on the bright side, at least your rent isn't principle being poured into a depreciating asset.

Mate, there is no bright side to my financial situation atm.
I've never before felt so financially insecure in my life.

*wrong thread*.

 

[Bandwagon]

Mate, there is no bright side to my financial situation atm.
I've never before felt so financially insecure in my life.

*wrong thread*.

Yeah look I understand where you're coming from and the circumstances around it mate .

 

[Gary Gutful]

Is it me or is Albanese avoiding the media? Maybe the others were just fixated on it more but our new PM seems to be less on the media than past PM’s.

I welcome it.

 

[Gronk]

Sorry to raise the gender thing again, but maybe this might open some people’s eyes.

TikTok - Make Your Day

vt.tiktok.com

 

[Gary Gutful]

From my uni days, I think we are approaching stagflation. However we have low unemployment which may avert this situation.

I remember having a lot of stagflation during my uni days.