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I'm going for 3rd Option:2020-2029: economic depression/mass...

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usc75

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26/11/20

09:06

Post #: 49153372
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Originally posted by moorookamick: ↑

It is a printing money sleight of hand to filter the electronic currency via the bond market and then back to the RBA
where the only winners are our foreign owned big 4 Banks.

https://australiandebtclock.com.au

Unlike the USA, Aus does not own the Reserve Currency where every Tom Dick & Harry will hold it outside
the country. Instead the 'electronic AUDs" will dilute their value due to excess supply and create rampant
inflation later.

So there are 2 scenarios;
-ongoing recession/deflation
-economic recovery & rampant inflation

Take your pick?

This is why the Gold Bugs are holding tight even at these high prices of the yellow metal.

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I'm going for 3rd Option:

2020-2029: economic depression/mass unemployment-underemployment/wages deflation/mass insolvencies-Gov't's, Small-Medium Size Businesses, up to 2m Households...

PS: Meantime, ASX (along with All Gov't's, big businesses will keep getting flooded with cheap money

Last edited by usc75: 26/11/20
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