I find the Austrian School of Economics really interesting.
Particularly books written by American economist Murray Rothbard, who talks about free markets, government (particularly government intervention) and inflation.
There's a very short book you can read called "What has Government Done to Our Money?”
I think you mixed up the exchange because the USD is stronger than the AUD.
It's cheaper in Australia as depending on the fuel, your $2.11 would be their $1.35 USD
The whole model they operate on is unsustainable. Either Blackrock and vanguard keep them afloat. Or they'll take on personal loans, issue out corporate debt. Or find ways to downscale, either job losses shrinkflation. Or raise prices. These are all desperate measures and are signs of an unsustainable company.
Losing the middle class (if that's their target market) is a company's biggest downfall.
And I feel that the little people will start to lose hope cause it feels like it doesn't matter... But it's similar to someone on credit card debt. You can only do it so long before it starts to catch up.
It's kind of a big difference. If a company makes 300M but spends 400M it's unsustainable despite it being huge numbers.
They're still selling it to europe, but because of the sanctions, Russia sells it to India and then India sells it to Europe.
Basically all these sanctions did was add a middle man for Europe making it more expensive but still financially supporting Russia.
Aye now we're talking
Worth A Buy on YouTube is very honest. He's funny and cynical, a bit like Total Biscuit used to be.
He's one of the few I trust now for an honest review. Would highly recommend him as he's also incredibly entertaining.
Dude yes! Whenever I'm on holiday I throw on the history channel for some light entertainment and it's either WW2 Hitler or trash like pawn shops and black smithing
Those have a place but it consisted of 80% of the content
Oh man every so often I boot it up with fresh mods! I love that game so much.
I remember when it launched, I never heard of it, didn't see any promotional material and just bought it out of curiosity. Was an incredible surprise and put so much hours into it
I reckon they're rolling it out bit by bit. So as to not upset everyone at once. Though I feel there'll be a work around anyway.
This will just get us to take that one extra step. I know so many people that have never heard of ad block! And this is going to affect those that will stop at ad blocking extensions and give up when that doesn't work.
It really depends.
I think there's a lot of risks involved when taking on a long term mortgage. Everyone says renting is worse because you're paying off someone else's loan. Of course in a vacuum that's true. But by renting you're not taking a 30 year risk. If you feel that something is brewing in the economic system (another GFC) maybe it's safer to consider renting until the odds are in your favour.
Some questions to ask yourself:
Is the housing market in a bubble? Is there a possibility of a correction. Can you weather that?
Are your central banks and banks raising interest rates? Could that affect your loan commitments.
Job stability and availability. Are these interest rates/inflation affecting the job market? Can you hold a job for the next 30 years.
They actually don't know, but mathematically in order for them to build it within the historical time constraints, it had to have been done one block per minute.
Which some say is impossible with the technology they had, sparking conversation that there's more to the history of the pyramids than we think.