That is quite the bizarre tangent. It's like you picked out the biggest words you could find from the news headlines and just ran with it.
Demand destruction is a big scary headline for "prices went up so people changed what they're doing and now they won't go back". News outlets are saying it applies to oil at the moment. They're scaremongering though, because people still want to drive cars and fly planes, and the move to EVs is gradual. Demand destruction does not apply to "everything". That's simply not possible. In fact, if demand falls for one thing, usually it increases for a replacement.
Yes, the US Fed are trying to stall rampant inflation. So are the RBA (much more relevant to us). Neither are trying to "destroy demand of all things".
I don't know how to respond to the rest of that, because it's just insane. Surprised you want to have shares. If that's what you think is happening, shouldn't you be stocking gold bullion and moving underground?
SP1 Price at posting:
$1.07 Sentiment: Sell Disclosure: Held
