Media Update, page-1722

First 1722 Last

Share
Profile

Follow
funbelievable

1,166 Posts.

72

20/03/20

07:56

Post #: 43596673
Share

Originally posted by stockrock: ↑

no doubt governments will need to do their bit, but spending on infrastructure is not how they will try tackle the issue of a credit crunch.

if they employ say 50,000 people using $50bn in infrastructure ... that is only a very small part of the nation’s workforce... and an even smaller piece of the global work force.

what governments need to and are trying to do is to kick start the problem at the source... the financial institutions employ and fund the economy... keep them going and the nation is employed ... if they seize up or go down.. the nation’s unemployment will increase by the millions.

One way of doing this is to provide credit through the repo market, where governments are buying securities off financial institutions so they have plenty of cash to keep lending money...

this worked pretty well in Australia during the GFC... our money markets didn’t stall completely like they did in other parts of the world (e.g US), which is partly why the Australian economy didn’t get hit as hard during the GFC...

the RBA has tried that trick again recently, pumping billions of cash into the repo market... but the impact this time wasn’t as great... credit spreads are still are still sky high and the RBA and all governments around the world need to get on top of this quick... because if people stop lending, then businesses will go belly up due to insolvency. It’s a very viscous cycle if it gets out of control... we are at the early stages.

interesting times indeed... the risks out there are greater than many can imagine at this point... the writing is on the wall, but not everyone is looking... most are just looking at their screens!

Expand

Thank you for your insights Stock. How do you think this will affect FLC's progress in China?

FLC Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Trump's highest-in-a-century tariffs finally go live | Aug 8

ASX Market Close: Health Care stocks lead index lower | August 7, 2025

Expert Exchange: Laretive's 4 key strategies to picking ASX winners

FMG

Fortescue has taken out a first-kind $3B loan from China. Why, exactly, is a good question

VRX

Gov't thumbs up for VRX Silica's Arrowsmith North to get started

First 1722 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 5.3¢		Change 0.000(0.00%)		Mkt cap ! $57.52M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.3¢	$43.22K	802.0K

Buyers (Bids)

No.	Vol.	Price($)
2	12159	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	1388	1

View Market Depth

No.	Vol.	Price($)
2	12159	0.053
1	4912	0.052
2	114560	0.050
1	10250	0.049
1	10800	0.048

Price($)	Vol.	No.
0.057	1388	1
0.058	30687	3
0.059	106722	2
0.060	155412	4
0.061	299816	1

Last trade - 11.33am 08/08/2025 (20 minute delay)

FLC (ASX) Chart

Media Update, page-1722

ASX Market Open: Trump's highest-in-a-century tariffs finally go live | Aug 8

ASX Market Close: Health Care stocks lead index lower | August 7, 2025

Expert Exchange: Laretive's 4 key strategies to picking ASX winners

Fortescue has taken out a first-kind $3B loan from China. Why, exactly, is a good question

Gov't thumbs up for VRX Silica's Arrowsmith North to get started

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Media Update, page-1722

Top Stories

ASX Market Open: Trump's highest-in-a-century tariffs finally go live | Aug 8

ASX Market Close: Health Care stocks lead index lower | August 7, 2025

Expert Exchange: Laretive's 4 key strategies to picking ASX winners

Fortescue has taken out a first-kind $3B loan from China. Why, exactly, is a good question

Gov't thumbs up for VRX Silica's Arrowsmith North to get started

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News