Coronavirus Issues and Possible Value Buying?, page-3

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pete222

16,025 Posts.

142

05/03/20

15:25

Post #: 43324500
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Originally posted by Furpo2: ↑

We are dealing with something no one has seen before.

The size of the problem can
be judged by the US Fed and Aussie Reserve
panic cut in interest rate.

They are tishing themselves.
But they are suits in offices
having meetings with other
suits.

A bit like the ABC, your local shire council
declaring a climate emergency
where do these loonies come from?

It is going on for weeks not days.
Buyers entered the ASX yesterday
3/3/20
Their hopes were dashed as
WallSt fell 3% yesterday and Aussie copied today.

Tomorrow is still weak
Punters look at these morons cutting rates
and think "am I going to spend on new carpet"
or more likely wait and see.

I am looking at a dozen stocks to buy
Oil is weak (diesel 1.40 at pump)
so WPL - Woodside is at year lows

Tunnels in Melb are tainted with toxic soil
Vic government want to dump cancer/PFAS
soil in the veggie growing area of Werribee.

So TCL Transurban looks rocky but
has bits of paper guaranteeing future revenue streams

Do you have to be a loony to be in office?

My local council Mornington Peninsula Shire
has issued a climate emergency.
They look like normal people - but are not.

It has been the coldest "summer" can remember.

Expand

100% Furpo , suits making decisions 100`s of metres above ground zero in their ivory towers .

They don`t understand or want to know what is happening in the real world , just the bottom line and how to continue on their gravy train journey .

Government or corporate , the structures are the same . Level after level of incompetency .
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