Fact Finder
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What was the line from As you like it: 'All the world's a stage, and all the men and women merely players'
The US markets were still happy over night because earnings growth has slowed (now we players might have thought this was not a great thing to happen but no we are wrong) which should lead to the Federal Reserve softening its approach to interest rate rises believing that the rises already in place are sapping consumer and business confidence. (So we players were wrong again. Being happy and positive is clearly the road to ruin. More pessimism is what a healthy economy needs.)
So with pessimism in mind I read about the Australian economy and it seems that the Australian Treasurer believes in pessimism economics as well. Why do I say this well we have almost full employment and he found $142 billion extra dollars down the side of lounge in his office at Parliament House that fell out of a staffers pockets late at night and yet all he can talk about is the fact that the cost of the NDIS is blowing out over the forward estimates at 14% a year. (I ask myself how can he be depressed about this surely his side of politics understood what it was likely to cost given they claim the NDIS as the greatest achievement of the Gillard Labor Government. Indeed they claimed the Liberal Government was cutting the funding of the NDIS by stealth over the last ten years and were not spending enough. Anyway one way or another I am being forced to embrace pessimism as I am merely a player.)
I am though not sure I will succeed as it is hard to be pessimistic as a Brainchip shareholder living in the economic miracle with an absolute over abundance of raw materials that are in demand from every corner of the Earth stuffing tax dollars down the back of the Treasurers couch at rates faster than he can keep track of.
THOUGH WE ARE MERELY PLAYERS WE DONT HAVE TO BE PESSIMISTIC BECAUSE WE LIVE IN A DEMOCRACY AND HAVE FREE CHOICE. SO:
My opinion only DYOR
FF
AKIDA BALLISTA
The US markets were still happy over night because earnings growth has slowed (now we players might have thought this was not a great thing to happen but no we are wrong) which should lead to the Federal Reserve softening its approach to interest rate rises believing that the rises already in place are sapping consumer and business confidence. (So we players were wrong again. Being happy and positive is clearly the road to ruin. More pessimism is what a healthy economy needs.)
So with pessimism in mind I read about the Australian economy and it seems that the Australian Treasurer believes in pessimism economics as well. Why do I say this well we have almost full employment and he found $142 billion extra dollars down the side of lounge in his office at Parliament House that fell out of a staffers pockets late at night and yet all he can talk about is the fact that the cost of the NDIS is blowing out over the forward estimates at 14% a year. (I ask myself how can he be depressed about this surely his side of politics understood what it was likely to cost given they claim the NDIS as the greatest achievement of the Gillard Labor Government. Indeed they claimed the Liberal Government was cutting the funding of the NDIS by stealth over the last ten years and were not spending enough. Anyway one way or another I am being forced to embrace pessimism as I am merely a player.)
I am though not sure I will succeed as it is hard to be pessimistic as a Brainchip shareholder living in the economic miracle with an absolute over abundance of raw materials that are in demand from every corner of the Earth stuffing tax dollars down the back of the Treasurers couch at rates faster than he can keep track of.
THOUGH WE ARE MERELY PLAYERS WE DONT HAVE TO BE PESSIMISTIC BECAUSE WE LIVE IN A DEMOCRACY AND HAVE FREE CHOICE. SO:
My opinion only DYOR
FF
AKIDA BALLISTA
Microsoft 
Snap 
Flipboard 
Facebook parent Meta has been resorting to “
Trading app Robinhood 
Netflix laid off 
Tesla scrapped 
Coinbase 
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