Australian population - The biggest loser$ 2018 - 2019, page-80 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by kingpins: ↑

Hi pongo

Do you know that the big 4 Australian banks have a high level of debt, they have high exposure to mortgage debt some of it interest only and a lot of it with very little input from the borrower

Do you know that their derivative exposure is approximately seventy one trillion dollars, I say approximately because they refuse to disclose the figure now and that is the industry calculation
Even if half of those gambles go bad it is 35 trillion dollars of debt which the banks or the government cannot cover

These figures came from a report done by the ABC

Do you know that the Central Bank of the US is giving the major banks in the US hundreds of billions of dollars daily to give them enough money to keep their doors open

All this information is readily available from google searches

So if people want to live in a fairy land and prefer not to face the light, that is their choice but don't blames others for being aware of the problems of the worlds economic position

World debt which does not include Derivative gambling is : Global debt has reached an all-time high of $184 trillion in nominal terms,

Derivative debt :- This debt is in addition to approximately $750 trillion of bank derivatives as reported by the Bank for International Settlements (BIS).Apr 11, 2018

So live in your fairy land it may be safer because to acknowledge the mess the world is in is terrifying

I acknowledge that the individual cannot alter these facts but we should be prepared to take some steps to safeguard our families if the worst happens

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What would you recommend Kingpins, in a world after a total collapse, a sticker on the front door that says looters not welcome.

You say and warn, but what can anyone do if this sort of thing was to happens. People are going somewhat crazy about the climate which is very debatable but could be.

People are revolting in mostly countries where it is no secret that their governments do not really care about the people per say, but that is also linked to their religions, and very different cultures which is another subject that's got too many complicated facets to even contemplate.

I do notice that it is very much the left that are pushing a lot of things that is really starting to look like an attitude of contempt.

If I don't get my way, i'll destroy all. That is very Sad and could be also very destructive on many levels when you see the amount of it being broadcast by the ABC, have you watched the Drum, if you do have a Prozac, no take a whole pack before you do because they seem to be portraying Australia as be in some sort of sufferance because it's someone's fault on all levels.

Most Australians that are young have never been overseas, and have never seen what these other places are like, people should stop the crying and picking on the banking system, and stop trying to disrupt honest people trying to earn a living by gluing themselves to sign post and roadways ETC, IE did you hear about the attack on mining suppliers today. For Godsakes people, start acting like normal human beings, or is that too much to ask.

Australia wake and stop being so pathetic.