MM (@macromusing) profile picture

MM

@macromusing

#Ausbiz. #Auspol #nzpol Global Macro. General Oz/NZ based chit chat. Beware: LOTS of sarcasm & profanities

Joined May 2014
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Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming of the top. Stop glossing over the diversity in the industry.
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South Korean #cryptocurrency exchange bankrupts after it was hacked on.rt.com/8v69
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Bitcoin's market cap just passed Bank of America. Yes, that Bank of America: Founded in 1904 2nd largest bank by assets 4,600 locations 208,000 employees $90 billion in revenue $2.2 trillion in assets $BTC.X $BAC
Image from Charlie Bilello (@charliebilello)
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Australian real GDP has increased at an average pace of 2.5% over the past decade - the weakest 10 year block in over three decades. Growth per capita has increased by just 0.9 per cent a year #ausbiz #auspol
Image from Callam Pickering (@CallamPickering)
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Annual GDP slips back to 1.2%. Without inventories the result would have been negative for the quarter
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Should I buy 2 avocados for $5 or a house
Image from Erika W. Smith (@erikawynn)
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Well said, Jimmy. That's exactly why we fought so hard for the ACA, and why we need to protect it for kids like Billy. And congratulations! teapawt.net/jimmykimmel/status/859…
Jimmy Kimmel (@jimmykimmel) profile pictureJimmy Kimmel
@jimmykimmel2 May 2017
My wife and I welcome a new baby and it is quite a story... youtu.be/MmWWoMcGmo0
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Rosie was a little too keen for a beach day...Paw-fect execution. Vid: Shannon Johnston. #9News
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Replying to @JamesGRickards
@JamesGRickards
Image from The Swedish Chef (@solenlyserallti)
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Markets work until they fail We have a failed housing market
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To our elected officials; Please build more infrastructure, roads, public transport etc to cope with the population increase, thanks. ASAP. – at Auckland, New Zealand
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US credit growth is clearly not signalling a lot of confidence, nor a nascent economic upswing.
Image from Robin Wigglesworth (@RobinWigg)
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Poor guy probably spent the past decade trying to share it but no one ever replied to his email. teapawt.net/ctvedmonton/status/852…
CTV Edmonton (@ctvedmonton) profile pictureCTV Edmonton
@ctvedmonton14 Apr 2017
$43M in cash found in empty Nigerian apartment ctvnews.ca/business/43m-in-c…
Image from CTV Edmonton (@ctvedmonton)
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Budget watchers - iron ore spot down to $US66 overnight. Now lower than budget (state/fed) forecasts. Full year, though, still in front...
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Weird. If only we knew what changed their minds.
Image from Jawn Gonzalez (@JohnGonzalez)
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ABS says 74,500 full time jobs were created in the month - or more than 2400 a day. Yeah, right.
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I frankly can't believe the govt is even considering letting superannuation be used for buying homes. Political system is becoming a menace.
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Spot iron ore cops a shellacking following a plunge in Dalian futures. MBIOI-62 -6.8% to $75.45 a tonne businessinsider.com.au/iron-… #ausbiz – at Orange, New South Wales
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Major banks short at least $20 billion of equity lnkd.in/gK2pPqX
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WATCH THIS IMMEDIATELY. Creator: @MattNegrin
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