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About RioMarina

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  1. RioMarina

    Outlook for economy not good

    I know you should not look back but reading posts from people in the past makes you realise that no one has a clue about the future so why try to predict it! or maybe this previous thread did have a bit of hindsight!!!! http://www.pomsinoz.com/forum/money-finance/147645-australian-economy-collapse-30.html
  2. RioMarina

    Interest Rates Cut

    This maybe the answer to your question! http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=1&cad=rja&uact=8&ved=0CCQQqQIwAA&url=http%3A%2F%2Fwww.smh.com.au%2Fbusiness%2Fthe-economy%2Faustralian-economy-sliding-down-the-precipice-says-jp-morgan-20150216-13fwon.html&ei=NfHhVLiUCsWvU8TBgeAF&usg=AFQjCNGb23-2rJ4pD4S2P1edFxTxgT94Xg&bvm=bv.85970519,d.d24
  3. RioMarina

    Interest Rates Cut

    Yes, If you are making me look back, not a bad prediction. If only our wiser men and ladies had vision and conviction, this could of been maybe different. Peachy Ald lad, you can't argue I was pretty accurate after what was said by the treasury. I didnt know at the time for sure, but the signs were there for all to see. Shame you feel as though I was negative rather than just being factual and opening a discussion to help others coming over know what was in store. That's what I thought this forum was for. Get over it Ald lad and look to the future to see whats in store. Stop looking backwards. Ps I was only commenting on a previous post but again get attacked from yourself. You make people want to quit this forum forever. I hope all that come over benefit and add to the strengths of Australia. They also need to know what the economy is like. see ya Ald lad
  4. RioMarina

    Interest Rates Cut

    Or in a more accurate context the beginning of the end!:wink:
  5. RioMarina

    The Australian economy to collapse.

    Cheaper, not cheap!
  6. RioMarina

    The Australian economy to collapse.

    Fairplay, but luck it runs out after a while.
  7. RioMarina

    The Australian economy to collapse.

    Cheers, from your answer I'm deriving that you agree that the economy in which we now live is knackered?
  8. RioMarina

    The Australian economy to collapse.

    Looks like I was right. Prediction was a bit early but the Australian economy is knackered. Shame, It could of all been different.
  9. RioMarina

    job cuts

    Worrying http://www.theaustralian.com.au/business/jobs-to-go-in-minings-new-phase/story-e6frg8zx-1226974318684
  10. Don Argus warns of debt, bubble bombs by:Adam Creighton From:The Australian May 24, 201412:00AM RISING debt risks undermining living standards at the same time that stockmarket bubbles pose a threat to savings, one of Australia’s most eminent businessmen has warned. Don Argus, former chairman of corporate giants BHP and Brambles, said Australia’s economic growth would suffer if Australia’s total debt, now 220 per cent of GDP, climbed much further. Just sayin!
  11. Theres nothing more sure that Australia is in a bubble. Inflation has gone through the roof over the past years and has been left to be uncontrolled. The dollar is too high, house prices too high and wages too high. Its a global competition and when you look at costs to produce anything or sell anything in Australia they dwarf every country. Totally uncompetative globally and for sure something will give, It already has. Anyones guess for the timing but its stacked to the downside. Recession coming again soon.:wink:
  12. RioMarina

    Just another day in paradise.

    Quite ironic. We call it doggy beach! because its got that much dog crap on it.
  13. RioMarina

    The Australian economy to collapse.

    He has'nt had to wait that long unfortunately! http://www.theaustralian.com.au/national-affairs/worst-slump-in-20-years-hits-jobs/story-fn59niix-1226839936921