Interested to know what this means for Australia - Recession?

Oh my word. Eww.

 

If you grow your own and sell on the local market you must not sell for less than $2.01 a kilo to protect our local growers

 

I'm with you - more than happy to pay a few cents more for local - refuse to buy unseasonable fruit and vege from overseas - and gladly pay for "named" brands rather than supermarket brand

p.s. Looooooooove fresh shucked oysters!

 

The buy fresh direct from the grower ... garlic undergoes an enzyme change when it's cold stored (fridge or basement) that makes the consumer smell ... fresh garlic, that has never been cold stored will not make you smell.

Trust me - I've tested this theory very well

 

My olfactory nerves will be pleased.

 

Hmmm - worth watching and being aware:

https://www.facebook.com/video.php?v=2319098458204871

 

Could be good for Australian farmers - but really feeling for the American's ... not only are their harvesting workers being trounced on (so crops are rotting in the fields) - they've had a huge body blow to the sales of crops they can produce

China's exit from US agriculture is a devastating blow to an already struggling sector

 

Can you tell me where I can get locally grown garlic at anywhere near that price? We bought some monster garlic a couple of weeks ago, each clove is bigger than many of the imported white bulbs that you get in the supermarket.

 

I think you'll find that is only bulk wholesale imported **** at that price.

As for your monster bulb. That is a type of leek called Elephant Garlic - also known as Garleek - and often mistakenly called Russian Garlic. It's actually a leek that throws to garlic with a very, very mild taste - can be eaten raw so great for salads and things - also makes a yummy black (fermented) garlic - but not much chop if you're wanting it to add to flavour a cooked dish

 

Dow drops 800 points as Wall Street suffers worst day of year on recession fears

 

Lucky I'm wearing my recession proof undergarments.

Hey, didn't the dow drop that amount a few weeks ago and then rebound. Oh, yeah, this time it's different.

 

We'll know for sure by the end of the year, but there is a more than just the Dow.

Tariff war, Hong Kong, China slowing, global low interest rates, brexit etc

 

AUD
Clear indication on economy is softening, I predict it will hit 60

Australian dollar continues to fall with more to come

 

Apparently - and according to my posted video above - when the short term bonds have a higher interest rate than the long term, historically (since 1950's) a recession follows.

Combined with ... "Dire economic data from China and Germany suggested a faltering global economy, stricken by the increasingly belligerent US-China trade war, Brexit woes and geopolitical tensions." ... "When you've got $US15 trillion in global government debt at negative yields, that's a new animal."

The one piece of data that sent US stocks plunging

 

This is not looking good for China which in turn will impact on our economy

Hong Kong businesses fear protests will push economy into recession

 

Australia’s staggering reliance on China

Whilst there are a number of $$$ errors within the article, it put things into perspective and provides a quantitative link between Australia and China. Definitely our most important trading partner for products.

 

Liquidity can starve off a recession and from what I can see its slowly coming back

 

Reserve bank interest rates down under 1% (not that the banks are passing much on) - US manufacturing falling to lowest rate since 2009 - wage stagnation in Australia (still) - retail sales weakest since 1991 - Germany in contraction ... recession in 2020?

12 reasons why Australia is heading for recession in 2020 - finder.com.au
US manufacturing activity suffers worst month in a decade - CNN
Germany on brink of recession as business confidence nosedives