SorryPhillip

[SorryPhillip @Austriker3]

@ArtistAffame What a retarded take... oh right... Sorry

[SorryPhillip @Austriker3]

@flash_ed_ed @JaneCaro Lol, grab em by the pussy is such an underrated line. I say it to my wife all the time. Hilarious fun

[SorryPhillip @Austriker3]

@JOHN54379832 @Temjinck @AvidCommentator Well a recession would lower interest rates massively, so if liquidity is low, prices would rise.

Defaults and bank losses are needed to drop prices IMO, but regulation is very protective. With material bank losses, they would boost lending buffer assessments

[SorryPhillip @Austriker3]

@JOHN54379832 @Temjinck @AvidCommentator Yeah it is a big deal, they are the same people you described, before, couples grinding away.

Especially with the 5% deposit trap

[SorryPhillip @Austriker3]

@1Alboforpm @VoteLewko Haha you dumb bastard. You have defined, "Net Zero"

[SorryPhillip @Austriker3]

@JOHN54379832 @Temjinck @AvidCommentator Yeah I fully get that. People are grinding just to get on the property ladder, then they'll probably still owe money on mortgage at retirement age. It's fucked

No good answers, a proper recession will deliver negative equity for a lot of recent buyers

[SorryPhillip @Austriker3]

@JOHN54379832 @Temjinck @AvidCommentator I'm gen y, so hardly a boomer. What we need is a recession where asset prices are not pumped. So lower immigration and no foreign buying. Otherwise dropping interest rates will pump assets and the wealthy among us will do better again while others struggle

[SorryPhillip @Austriker3]

I couldn't be bothered to argue. The whole premise is retarded. Things are shit now and worse than before, but some things were shit back then... who gives a fuck, we only have the current mess.

Now my initial point was that the recession played a role in bringing things back in line. Probably needed now

[SorryPhillip @Austriker3]

@MeatyouAU @Temjinck @AvidCommentator Explain how that works?

[SorryPhillip @Austriker3]

I mean all things can suck.

Debt levels are like 10x compared to back then, so going from 0.1% to 4.35% official cash rate is pretty awful. Also house price ration to avg earnings was pretty sweet in late 80s too.

But recessions are bad and a lot of people lost jobs and lost their houses and posessions. We have pretty crazy consumer friendly regulations these days, so I'm certain it's pretty hard for the bank to evict you and sell the house

[SorryPhillip @Austriker3]

@DaveBowerMich @Kaykeogh1 @MikeCarlton01 Come off it. Just enjoy your NDIS rorting before it gets shut down

[SorryPhillip @Austriker3]

@AlboMP Picture:

"How many politicians it takes to secure 3 days of fuel"

[SorryPhillip @Austriker3]

@OMagicGuru Will he stay for more than 48 hours this time 🤣🤣🤣

[SorryPhillip @Austriker3]

@Kaykeogh1 @MikeCarlton01 You're missing the point. We don't live in a socialist society (yet at least).

[SorryPhillip @Austriker3]

@Temjinck @AvidCommentator Recessions are great I guess?

[SorryPhillip @Austriker3]

@JEChalmers Wow, securing 3 days of fuel in a 7 day period.

[SorryPhillip @Austriker3]

@cgay_51 @MikeCarlton01 Well those that can afford private schools likely pay a lot more tax than most too.

Unless you abolish private schooling, private and expensive schools should be better, otherwise they have no value proposition

[SorryPhillip @Austriker3]

@boomersfandom @3jvasiljevic Can't see how a guy shooting like 35% Fg is a positive impact

[SorryPhillip @Austriker3]

@JayWright23 @karlbeston @AlanGardne27159 Same for every team

[SorryPhillip @Austriker3]

Only one team can win it and they have been consistently great over the last 3 seasons, Melbourne give themselves a chance every year and certainly aren't spending like Adelaide and Sydney.

Yeah Ili barely played last season, that is an anomaly.

You can have your opinion. I think Sam is an upgrade, but a lot depends on the imports they sign. We'll see come the start of the season.