@DemoniacoASX@NutritionPnc Agree. The next quarter will be one of the worst on record. At the end of it we will also only have one more quarter of JobKeeper and the real threat will kick in as Q3 will be soft at best. Lots more unemployment to come.
Given tangible currency is almost a thing of the past, and digits on a screen replace it, does gov debt even mater? Do stock markets become effectively a giant pyramid scheme? Intrigued.
@gassin123Charts As businesses reopen costs go back up but revenues will be rubbish. Supply chains cooked, no favours from landlords, gov allowances removed yet the market bubbles along. Not sure many realise how bad Q2 and Q3 are going to be. Will wipe out many businesses.
@wackyvision Firstly, April is our worst month for revenue, not March. This will be factored in Q2. When businesses reopen they trade at 60% max of what they did. Jan/Feb were solid business months this year. Q3 will trade at 80%. That’s a 20% decline! This will sink many businesses
@7AFL Bucks probably, he had sublime skills, but Danger’s ability to kick goals and win games off his own boot (albeit a few clangers in there) probably out number Bucks.
@sircontraire This is going below 4800. So many lagged losses to come. Business won’t rebound just because doors open. Lots of unemployment to come, poor supply chains massive gov debt. Might not be now, but predicting carnage in next 3-6 months
It’s obvious I know, but how amazing is #DavidAttenborough. My little boy is hooked on him and his adventures. The man connects with every generation on earth. Not many can claim that!