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17/05/20
14:38
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Originally posted by pustayo:
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Surprised no one has mentioned 3 Trillion Stimulus yet! Markets may open strong Monday, Oilers should have a run depending on the Tuesday contract. Spot is rising quickly, just having a look at the increased traffic and general activity in Sydney it will be interesting to see if this is the bounce? Western Australia opens Monday, should see some of the the brownfield WA projects increase over the next few weeks. Interesting time to be alive, as I said last week banks deferring loans isn't a good message in my opinion. I am assuming they are doing this because they somewhat feel guilty for leveraging the average Joe million dollar loans. Do we now live in a riskless society? seriously it's an honest question. Can you now get away with financial mismanagement and recklessness and still be thrown a lifeline? We will see, it seems you can. I am sorry if I am offending people with these questions, I just don't find it equitable at all for the ones who have been waiting on the sidelines patiently because the economics dont make sense. Love to hear other opinions on it to start some good Sunday banter!
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It’s funny you mention brownfields, I believe on the back of the GFC came the oil and gas boom and with the downturn in Greenfields agreements of the last few years with the exception of the roads and rail upgrades I’m curious to see witch of our commodities get a green light construction I believe will be boosted in the near future to try to reduce the unemployment as it was a proven success last time....