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- efratt commented May 2, 2017
Seriously, this guy is President..... LOL MAY 1, 2017, 7:50 A.M. REPORTING FROM NEW YORK Trump makes puzzling claim about Andrew Jackson, Civil War Associated Press A portrait of former President Jackson hangs on the wall behind President Trump, ...
The reason for the plan negotiated between the Republicans and Democrats is that we need 60 votes...
- efratt commented May 2, 2017
Can you hear it? ... Sounds like a distant rumble. It's getting louder. Louder. LOUDER.... Wait for it, here it comes......................................BOOOOOM. Bye bye aud.$$ your on the way down, down...
RBA Statement by Philip Lowe, Governor: Monetary Policy Decision
- efratt commented Apr 13, 2017
Don't believe what you read, and only half what you see...... However, Capital Economics analyst Paul Dales said the increases in participation and employment are suspiciously large. "The rise in employment needs to be taken with a shovel of salt," ...
Australia's Jobs Report Smashes Expectations
- efratt commented Apr 10, 2017
I am waiting for the Budget in May. It will be a disaster. Looking for a DOWN rating from S & P.. Bye, Bye, AUD$ Why you may ask.? Easy. Look at the figures, not the spin. Employment, Full time jobs DOWN being replaced with part time/casual. THE ...
Australia: March business conditions highest since GFC - NAB
- efratt commented Feb 21, 2017
Why? I would say Australian property is a big ponzi scheme. Banks are worried, they are tightening their lending standards. The increase in part time/ casual employment, to the detriment of decreasing full time employment, disqualifies most from ...
Construction Work Done, Australia, Preliminary, Dec 2016
- efratt commented Feb 15, 2017
Bad, bad, bad have a look into the numbers. Unemployment stays the same % But, a) Participation rate is lower b) If you work ONE hour per week you are classified as EMPLOYED. c) Huge amount of under employed. d) No wage growth e) Construction IS ...
Australia's full-time employment increases for fourth straight month
- efratt commented Feb 13, 2017
These reports are BS, pee in your pocket feel good crap. The top 1% get richer, the poor get poorer, and the shrinking middle class are getting SCREWED. We all know how bad things are this is just a couple of things that I do know about. In Victoria ...
Australian business conditions haven't been this good since before the GFC
- efratt commented Dec 18, 2016
This is a fair synopsis of all the Blah, blah blah. http://www.abc.net.au/news/2016-12-19/deficit-to-increase-by-$10-billion-myefo-shows/8131334
MYEFO: Scott Morrison downplays $10.3b budget blow out
- efratt commented Dec 18, 2016
Lets wait and see what the big boys have to say about this MYEFO Credit rating is a highly concentrated industry, with the "Big Three" credit rating agencies controlling approximately 95% of the ratings business. Moody's Investors Service and ...
Fitch says Australia's budget outlook still consistent with AAA ratings despite slight deterioration
- efratt commented Dec 18, 2016
Blah, blah, blah - what a do nothing govt.. Deficit to increase over and above their projection in May.. by +$10. bln. Revenue to be lower by $3.6 bln Do these people know what is going on in this country and how to fix it.? I think not. What a ...
MYEFO: Scott Morrison downplays $10.3b budget blow out
- efratt commented Dec 8, 2016
Banks just fattening up their margins. They have increased the fixed rate recently. Then scare us into thinking there is rate increases coming, so what do the sheep do? Fix their loans at a higher rate than the current variable rate. And, guess what ...
Interest rates on mortgages likely to rise, despite steady Reserve Bank
- efratt commented Dec 5, 2016
Imho, I do not foresee any increase in rates by the RBA in the next 6-9 months. Too many about to join the unemployed. - Masters, Hazelwood etc, you get the picture. Outside Melb and Syd. Its a wasteland. (Increases by the profit fat banks is ...
Statement by Philip Lowe, Governor: Monetary Policy Decision
- efratt commented Nov 20, 2016
Not forgetting Woolworths disastrous venture into hardware will their failed Masters Stores. Which will be shutting the doors on or around 4th Dec. 2016 Great Christmas present from Woolworths, will up to 10,000 out of work. Then early in the new ...
Upside risk for the Aussie: Goldman turns bullish on economy
- efratt commented Nov 16, 2016
"an increase in part-time employment of 8,400 persons being more than offset by a decrease in full-time employment of 9,500 persons." You would think that coming into Christmas there would be large increase in employment, but we get a decease. This ...
Continuing shift to part-time employment in Australia
- efratt commented Nov 10, 2016
Great Britians path to Brexit was easier as they have their own currency. It will be more difficult for Italy to escape the EU. as they gave up the Lira years ago.
The politics of rage will spread to Italy as ‘Trump risk’ gives way to ‘Renzi risk’
- efratt commented Nov 4, 2016
Do not be over optimistic. Not a good report for Aust. The bank also observed that the steep fall in mining investment over the past few years appears to be slowing and might be close to a trough. * *this does not mean that it will increase to ...
Reserve Bank of Australia calls end of the mining bust
- efratt commented Nov 2, 2016
Just like my household. The harder I work, the faster my money goes.!!! When was the last month they had a trade surplus? Bleed, bleed, bleed.
International Trade in Goods and Services, Australia, Sep 2016
- efratt commented Oct 20, 2016
With respect, the point being made, having a workforce which has a disposable income above the necessities of life* you are creating aspirational consumers to keep up with the "Jones". *A traditional list of immediate "basic needs" is food ...
Australia's shift to part-time employment continues