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The only pleasure I'll take from the market today is reading comments about illegal market manipulation on HC 🍿
Might even come across a boomer that's calling up to speak with management.
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SPAC for my garden launches today. 40% Lettuce 40% Capsicum, 20% garlic to hedge against aphids.
Also included is GardenCoin, new stablecoin backed by worm farm compost.
I recommend ICE or COS for high returns, otherwise can suggest CAB if ur feeling cheeky. Be aware that this is a riskier play and may produce a negative response from females.
war in us, war in russia, war in ukraine, war in taiwan, bla bla bla who cares
it's going to the the war between me and my wife that's I'm worrying about when she knows I'm losing 30% of "her" money on the stock market
alright, i'm back. was working on site for a big job the whole week and missed the carnage. what the fuck happened to IXR? why am i now 25% in the red? thank you.
Think not so much of what you lack as of what you have: but of the things that you have, select the best, and then reflect on how eagerly you would have sought them if you did not have them.
Cmon' Marcus The gang just want a lettuce.
Well not really. DOW -1.94% then +.14% futures. That's still a paddlin'. However futures were ~-.4% when ASX closed yesterday so you put all that in the random pot and you get -1.4%. Sprinkle on it being a Friday with US CPI figures coming tonight and oooo baby we got a blood stew going.
There was a flash-crash yesterday in TGR
A Barenjoey analysis came up with low valuation, it was in part based on a DCF analysis with bad input (declining Salmon revenue out to 2030 with stable volume).
The Barenjoey DCF valuation was less than half the GS DCF valuation which was released a week earlier.
SP was down 12% at one stage, but recovered most of it.
As much as we want to hate it - right now, blue chip stocks with solid EPS growth prospects and reasonable PE ratios are the bet. I'd argue that those outweigh bonds as well right now.
So you're sniffing in the right place - I'd be looking at all 4 banks. I think UBS recently changed ANZ to Buy, with the other 3 at neutral - but do you research. Banks aren't always easy for DD... there's a LOT going on there outside of retail & home loans and the obvious stuff. Best to use reports where you can and educate yourself.
[backs far, far, away](https://www.google.com/search?q=cba+fined)...
edited to add apparently macquarie is the way to go... [12ft link](https://12ft.io/proxy?q=https%3A%2F%2Fwww.smh.com.au%2Fbusiness%2Fbanking-and-finance%2Fmacquarie-seeks-to-disrupt-by-paying-up-for-transaction-accounts-20220608-p5as45.html)
u/killtheking111
In theory they make more per loan, however when unemployment rate rises people feel less secure and are less inclined to buy houses. And of course there’s increases in defaults on existing loans. I sold my bank stocks for a modest loss
I think it means the economy slows in general depending on how large the rate increase is. I've also heard the argument that it lowers the number of loans people take and changes the levels of risk lenders are willing to take with them but I'm not convinced that actually happens in reality. In my mind though it's quite likely that this does change the \*size\* and duration of the loans people take which will directly affect bank revenue. (Not advice just opinion I R retard etc)
It looks like you just asked a pretty basic question and provided no additional context or thoughts of your own. Have you considered doing a little more research so you can show people you put some effort in. You know, that thing called actually doing shit.
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Oof we’re not far off that. Interest rates up, prices up, big businesses will start the layoffs soon. All that capital has become heaps expensive and can’t keep raising prices when the consumer has no money to spend.
It was good thank you brother. Went up to the snow, looked for some new camp spots up there then camped at the bottom of the mountain, before the masses arrived for the long weekend. 36 hours of silence was good for the mind brother❄️⛺️🔥
Nice brother, I can’t wait to get back out bush again! I go on a remote expedition every summer but I really want to do a winter trip one day. Thinking Frenchman’s cap would be an epic.. Is there many multi day walks (3+ days ideally) in nsw high country? I’ve never even been to the blueys
Shit, Frenchman’s looks epic? There’s an app called AllTrails. It’s pretty decent for hikers I believe.
I camped near the Coolamine Homestead in Kosciusko National Park last year. I know there are some multi-day walks around there and a water fall too I think. Camp with wild horses and everything up there - it’s unreal.
Not in Australia, but I believe China built fresh air domes over some school basketball courts.
Just gotta figure out how to block the Sun and profit from it....
Just watched "the inside job" and the amount of times Goldman Sachs is brought up for behaviour which paints them in a bad light is...I should be astounded.
I thought the articles in rolling stone etc managed to spell out exactly how low they were. Nope.
I don't need reminders about the state of my portfolio in real life.
Coming back from the gym and it started raining, so I thought I'd just run home to not get drowned, forgetting it was leg day. About as successful a jog as PLS post GS.
Like the contents of my portfolio, I can only hope no one saw it.
What’d you train for legs? I haven’t been able to train for months. The things I would do for some front squats, leg press, leg extension/ham curls then bulk bodyweight lunges and squats 🤤
Nice - will check it out out as hearing good things.
The new Dr Strange was okay, but if anything, not strange enough! And it has a character called "America Chalice" - so, um, "America Cup" then? Typical dialogue: "Please don't do anything to hurt America" / "I will defend America"... Jesus fucking Christ. Subtlety not a strong suit.
I've only heard good things. I recently watched: Beyond the infinite two minutes (2021/2020), The Platform (2019) and Everything Everywhere All At Once (2022). All excellent movies if you're not afraid of reading some subtitles.
Woolies has cams and some basic image recognition - I've had the self service bleep to get an attendant over to check that what I've put through is actually what I've said it is a few times (which it always was). Not worth it unless you're stealing lettuce & calling it cabbage (which might be the infinite money hack of our age) 😂
Better hope mrs magillacuddy the check out granny isn’t all over you. I pause for .5 a second and she’s frisking me like junkie in Victoria Street Richmond.
Yeah my local farmers market is dirt cheap, like cheaper than normal… broccoli 1$ a bunch. I bought a medium sized cardboard box filled with veggies for 20$ lol.
The European Central Bank has said it will stop buying billions of euros of bonds in early July and raise interest rates by a quarter of a percentage point.
Europe red, and I think US futes to follow shortly
Edit: Narrator: 11 minutes later, US futes went red.
Shanghai will lock down a south-western district on Saturday morning to conduct a mass COVID-19 testing drive, its first major movement restriction since the financial hub exited a bruising two-month crisis earlier this month.
The mini-lockdown is raising concerns that the city’s reopening is backsliding as officials fear a rebound in cases. Although the plan is to close the Minhang district of 2.65 million people for only Saturday morning, residents face the risk of being confined to their homes for another two weeks if any infections are discovered.
Elsewhere in the city of 25 million, officials appear to be escalating curbs and placing compounds back under lockdown over the slightest hint of infection risk. Some housing compounds in the central Jing’an and Xuhui districts were sealed for 14 days from Tuesday, although only close contacts – no confirmed cases – were found among residents.
CCP --> 🤡🤡🤡
Once of the most important economic hubs in the world and they'll just keep throwing it into lockdown. Good luck as all that supply chain moves somewhere else you dumb fucks.
My conspiracy theory was that sars2 electric boogaloo was a CCP hit job on the world economy to test developed nations capacity to respond to such a disaster. They've done such a shit job at managing it themselves that it may actually be true.
Would’ve thought, given their history with human rights abuses, that the politburo wouldn’t just let it run rampant to thin their ageing population right out.
We work with people in China, a few months back some of them went in to hard lockdown, again ..
“Lockdown, again ! How many cases there ?”
Answer “Three”
Gulp
Not that I wish to defend China in any way, shape or form - but transmission is going to be severely higher when that city has the entire population of Australia knocking shoulders every day. That'll spread like wildfire
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The only pleasure I'll take from the market today is reading comments about illegal market manipulation on HC 🍿 Might even come across a boomer that's calling up to speak with management.
Haven’t really been stressed over stocks for a good month and a half now. Looked into the mirror holy fuck my hairline is growing back again 🥰
Thats good to hear, stress leads to bad decisions and lifes meant to be lived so good work
Can we just like not open?
Apparently the #ASX has power issues and they don't know if they can open. Iress is down aso.
Electricity prices too expensive
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SPAC for my garden launches today. 40% Lettuce 40% Capsicum, 20% garlic to hedge against aphids. Also included is GardenCoin, new stablecoin backed by worm farm compost.
Hope y’all got a nice dress on so as to look pretty when you get fucked today.
Curious to see how URNM goes on release today.
What etf can a buy that has lettuce included
I recommend ICE or COS for high returns, otherwise can suggest CAB if ur feeling cheeky. Be aware that this is a riskier play and may produce a negative response from females.
Can't wait to see market open!!!
U sik bastard …
Sure brett. Rub in that misplaced enthusiasm into our GAPING wounds like SALTED GRAVEL. fukkin bretto......
When is the next ban post? Just wanting to know when my week ban starts
Autists begging for bans hits ATH … bottom must be close
Post up today 4:30 ban will come 6-7ish when i get around to it. (Time is from potato cake timezone)
Cheers! That will help me enjoy the long weekend
Potato SCALLOP \*fixed ur typo
🤢🤮 It's potato cake...
U got vomit on my new shoes you philistine. P.S How good are potato cakes/scallops? 11/10 if u add a bit of cheeky chicken salt.
Gotta be real potato slices. Once you've had real, the pressed mash ones just don't cut it...
FUK never heard of this magic fuckery before? Real potato slice battered? Ok, I'm on a mission to find this oily unicorn. thx for info.
Another good announcement from BUBS. Only 38% more to get back into green.
priced in
Everyday I'm suffering
Damn now I’ve got Redfoo in my head
Waiting for me funds to clear for a top up on ixr, then dropping computer in the ocean..
But don't you have 1000000 shares exactly?
2.2mil so far. these shares (250k) are in other account im using (hoping) to use to pay off my house in 5 years
God speed
Obviously going for the next million
Love to see dip buying, and we might finally get ourselves back to 9c
yeah wasn't going to but here we are at stupid prices.
I'm also going to punt some money in if it drops below 4c, but i really hope it doesn't break that 4c support.
People will believe anything that’s why we have religion and cunts from GS.
You still think this is GS fault you really are a dumb cunt
Bro relax its not my fault if you don't understand sarcasm
Sorry should have added “if”
Yeah, it was funny for abit. It's getting pretty sad and boomer petty now.
war in us, war in russia, war in ukraine, war in taiwan, bla bla bla who cares it's going to the the war between me and my wife that's I'm worrying about when she knows I'm losing 30% of "her" money on the stock market
She signed up for that loss when she married you bro
The first casualty of war is always the truth
Bunch of flowers and a nice footrub? She'll forget bro
Low key how good is a foot rub
DONT GET ME STARTED SONNY. \*sigh\* I clean in between my monkey toes AND bite my toenails off but still NO FOOT RUB. WEN FOOTRUB HUSBAND??????
Give this women her foot rub! *grumble grumble*
I know some of my husband's mates use dis sub. TELL HIM I WOULD LIKE A FOOTRUB PLS FRENDS
i told my wife it may get fucked up about a month ago. this way she's not surprised now. god lover her
I would suggest not looking today. Come back Wednesday
You can't skip Deadlift Day bro. You'll regret it! Friday is best day. It may hurt but the gains are worth it in the future.
why do you skip Tuesday?
Why do you skip Monday?
I think the start of the week will be shit as well
alright, i'm back. was working on site for a big job the whole week and missed the carnage. what the fuck happened to IXR? why am i now 25% in the red? thank you.
no mate you didn't miss the carnage the carnage is happening today. RIP all us cunts
Not wrong. I got a lil BBOZ though so I’m gunna feel good about that
fuck yeah.
No reason aside from the general doom and gloom of may/june and interest rate rises
perfect. wouldn't mind a bee's dick of green.
Welcome back Dick Face
Edit: Thank you for my award, Mr Dick Face. xoxox
Going down with the ship 🚢 👨✈️…
Not again? Titanic cosplay was yesterday...right? amirite????
Think not so much of what you lack as of what you have: but of the things that you have, select the best, and then reflect on how eagerly you would have sought them if you did not have them. Cmon' Marcus The gang just want a lettuce.
I have stupid and I would not seek it.
Early April ~~day~~ trade update: bought $5k IMU at 0.25 now worth 0.15 Stay tuned for more plays
average of .28 here...fucking hell. and of course my smooth brain wants to fix this by buying more... \*sits on hands\*
5k? Small fry
OH HOHO HO LOOK AT MR MONEY BAGS OVER HERE AY Oi can I borrow $50 sir? My pets need to eat tonight
Username checks out This is also me 🤡
US Futures now slightly green. Will do fuck-all good anyway!🤡💨
Well not really. DOW -1.94% then +.14% futures. That's still a paddlin'. However futures were ~-.4% when ASX closed yesterday so you put all that in the random pot and you get -1.4%. Sprinkle on it being a Friday with US CPI figures coming tonight and oooo baby we got a blood stew going.
Don't forget the long weekend!
Blood stew u say? Yep, that about sums up my life recently. FUK YOU LITHIUM YOU LYING BITCH I'LL NEVER TRUST YOU AGAIN
haha, a much better way of putting it. Cheers!🍹Might have a Bloody Mary to go with your Blood Stew!!🫕
Woohoooo beer 🍺 market
Should we tell him?
dON'T YOU dare
There was a flash-crash yesterday in TGR A Barenjoey analysis came up with low valuation, it was in part based on a DCF analysis with bad input (declining Salmon revenue out to 2030 with stable volume). The Barenjoey DCF valuation was less than half the GS DCF valuation which was released a week earlier. SP was down 12% at one stage, but recovered most of it.
Well, think I'll be away from the screen today. Sometimes it's for the best 🙈
Wake me up when 2022 ends
Goodnight, sweet prince. \*smothers u 2 deth with ur waifu pillow\*
5 red days in a row, looks like im a “long term investor” now
Thoughts on CBA?
As much as we want to hate it - right now, blue chip stocks with solid EPS growth prospects and reasonable PE ratios are the bet. I'd argue that those outweigh bonds as well right now. So you're sniffing in the right place - I'd be looking at all 4 banks. I think UBS recently changed ANZ to Buy, with the other 3 at neutral - but do you research. Banks aren't always easy for DD... there's a LOT going on there outside of retail & home loans and the obvious stuff. Best to use reports where you can and educate yourself.
[backs far, far, away](https://www.google.com/search?q=cba+fined)... edited to add apparently macquarie is the way to go... [12ft link](https://12ft.io/proxy?q=https%3A%2F%2Fwww.smh.com.au%2Fbusiness%2Fbanking-and-finance%2Fmacquarie-seeks-to-disrupt-by-paying-up-for-transaction-accounts-20220608-p5as45.html) u/killtheking111
I think the bank stonks might slip further with upcoming rate news from the US. Just my opinion not advice dyor omgbbq etc
I would think bank stocks would do better in a higher interest rate market wouldn't they? Then again, more delinquent loans will probably hit.
In theory they make more per loan, however when unemployment rate rises people feel less secure and are less inclined to buy houses. And of course there’s increases in defaults on existing loans. I sold my bank stocks for a modest loss
I think it means the economy slows in general depending on how large the rate increase is. I've also heard the argument that it lowers the number of loans people take and changes the levels of risk lenders are willing to take with them but I'm not convinced that actually happens in reality. In my mind though it's quite likely that this does change the \*size\* and duration of the loans people take which will directly affect bank revenue. (Not advice just opinion I R retard etc)
If the rate rises cause us to go into recession, and the unemployment rate starts to rise, delinquent loans could become significant
I hear they are some sort of place you can give and or get money? Sounds like a scam tbh
It looks like you just asked a pretty basic question and provided no additional context or thoughts of your own. Have you considered doing a little more research so you can show people you put some effort in. You know, that thing called actually doing shit. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ASX_Bets) if you have any questions or concerns.*
Research what? I know exactly as much as you which is fuck all!
House is burning, this is fine.gif
"Cost of full tank of petrol in UK soars to staggering $175" - for 55 litres yikes. I'd rather buy 17.5 heads of iceberg lettuce
Good luck getting .5 of a lettuce…
How good is being young 🥴
Oof we’re not far off that. Interest rates up, prices up, big businesses will start the layoffs soon. All that capital has become heaps expensive and can’t keep raising prices when the consumer has no money to spend.
Where are all you crazy mother fuckers holding inverse ETFs? Surely you will all be aroused for the better part of today. 💵
How was the camping trip big dog?
It was good thank you brother. Went up to the snow, looked for some new camp spots up there then camped at the bottom of the mountain, before the masses arrived for the long weekend. 36 hours of silence was good for the mind brother❄️⛺️🔥
Nice brother, I can’t wait to get back out bush again! I go on a remote expedition every summer but I really want to do a winter trip one day. Thinking Frenchman’s cap would be an epic.. Is there many multi day walks (3+ days ideally) in nsw high country? I’ve never even been to the blueys
Shit, Frenchman’s looks epic? There’s an app called AllTrails. It’s pretty decent for hikers I believe. I camped near the Coolamine Homestead in Kosciusko National Park last year. I know there are some multi-day walks around there and a water fall too I think. Camp with wild horses and everything up there - it’s unreal.
Thanks dude! I’ll check it out
Twisting my nips
Okay, it’s about to get full BBUS BBOZ in here. Is it finally time to get bear-curious?
Bears are furry, I think it's time to consider becoming a furry.
NDXKOU is more better you get a gearing of approx 92.41% which equates to 13x leverage. BBUS / BBOZ are terrible products. For Oz I used XJOKOP.
is that even street legal? i can't find it with my broker. do you have to know a guy who knows a guy?
It's a Warrant. You have to sign up on your broker if they offer it.
13x? That’s insane
Not really, I used CFDs back in the days when it wasn't heavily regulated, some brokers allowed 20x to 50x leverage.
I’m listening 😏
Hey man I’m retarded but not that retarded.. yet
But I bet you’re looking at it….
Dam that was tempting. Thankfully Nabtrade disallowed it.. Soo how do I allow it? Asking for a friend.
You need to fill in a form stating that you are retart'd enough to trade warrants and options.
Where's the positivity gone people?! It's not all doom and gloom. We haven't been charged for the oxygen we breathe yet!
Not in Australia, but I believe China built fresh air domes over some school basketball courts. Just gotta figure out how to block the Sun and profit from it....
I bad want money now
It's kurns stupid!
Hey that’s my handle
Ok this is fucked now.
Jesus christ is there even anyone left to sell?? This is getting really fucked up now
Nasdaq spirals down in the last few hours of the session. Friday is looking like pound town.
I opened a short NDXKOU yesterday arvo, good day for me 😂
My LNAS won’t look too hot today lel
Pls US my a** can't take any more
Come on Tom you fuck, my girl needs an engagement ring If she doesn't get it from me, her boyfriend will have to get it
I used to look at pictures of Lambo’s and dreams of buying, now I go to woollies just for the lettuce section porn.
When lettuce?
That’s gold!
This. The new war cry
eat shit CBA
Just watched "the inside job" and the amount of times Goldman Sachs is brought up for behaviour which paints them in a bad light is...I should be astounded. I thought the articles in rolling stone etc managed to spell out exactly how low they were. Nope.
Can RNU not drop 5% for once?
Shits fucked
I made enough money to buy 3 potato cakes. But this doesn’t take inflation figures into account. *sigh*
I don't need reminders about the state of my portfolio in real life. Coming back from the gym and it started raining, so I thought I'd just run home to not get drowned, forgetting it was leg day. About as successful a jog as PLS post GS. Like the contents of my portfolio, I can only hope no one saw it.
What’d you train for legs? I haven’t been able to train for months. The things I would do for some front squats, leg press, leg extension/ham curls then bulk bodyweight lunges and squats 🤤
Back squats, bulgarian split squats, lying leg curls and calf raises for yesterday. Like to do front, but need better ankle mobility it seems.
>About as successful a jog as PLS post GS. Looking forward to seeing you smash yr run in the not too distant future then :)
You and me both, but I don't think I'll hold my breath in the meantime
If I meet one, Il ask him
Top Gun: Maverick. Top notch. Best film at the cinema in a while (unless you like Marvel junk) 🛩⌚🪂
Nice - will check it out out as hearing good things. The new Dr Strange was okay, but if anything, not strange enough! And it has a character called "America Chalice" - so, um, "America Cup" then? Typical dialogue: "Please don't do anything to hurt America" / "I will defend America"... Jesus fucking Christ. Subtlety not a strong suit.
Agreed. Was fucking sick
I'm seeing it for a second time on Xtreme screen. So damn excited
I've only heard good things. I recently watched: Beyond the infinite two minutes (2021/2020), The Platform (2019) and Everything Everywhere All At Once (2022). All excellent movies if you're not afraid of reading some subtitles.
Yep agree mate , they did it well, must see in the cinema
You guys know you can put anything through the self service checkout as unwashed potato’s right? Lettuce/cabbage/vitamins
Woolies has cams and some basic image recognition - I've had the self service bleep to get an attendant over to check that what I've put through is actually what I've said it is a few times (which it always was). Not worth it unless you're stealing lettuce & calling it cabbage (which might be the infinite money hack of our age) 😂
PlayStation 5’s
Not if ROC's product takes off
About as useful as saying ZIP is at a very cheap price rn
Better hope mrs magillacuddy the check out granny isn’t all over you. I pause for .5 a second and she’s frisking me like junkie in Victoria Street Richmond.
We would probably fuck it up and put heavier stuff through as $11/kg mushrooms
Ahhh I’ll just click this caviar button fuck!!!!
14 more trading days in this financial year. Fuck knows if this is good or not. Thanks for coming to my Ted talk.
Removed all my lambos and ferraris from car sales saved list and added few Kias and Corollas.
When’s Albo going to do something about the distinct lack of tendies lately? I didn’t vote for this!
It won't be Eazy under Albanesey... The clues were there
Getting crazy under Albanesey. \*That's how he said it...
Better than the scam dream with scumo which was blatantly obvious.
Yeah but the other mob were promising a hole in every bucket which seemed counterproductive, so what was a sensible voter to do?
I didn’t vote for fucking cabbage, wait I didn’t vote at all…. Probably should have then I could still have lettuce with me tendie sammich
My local had iceberg lettece today for $3 so I don't what the fuck everyone is on about atm.
I hope you bought the dip and loaded up.
Yeah my local farmers market is dirt cheap, like cheaper than normal… broccoli 1$ a bunch. I bought a medium sized cardboard box filled with veggies for 20$ lol.
You guys that been doin this for years it always comes good right if you wait long enough dosnt It DOSNT IT🤔
Nah we fuk
Depends if the stock de-lists. Otherwise yes it always should
Might be a interesting friday with America's cpi data coming out, guess ill wake up and see how it goes 😂
Comes out on their Friday morning / 10.30pm Friday AEST time
Yeah haha i know, ill just be asleep when there markets open to see the affects 😴
The European Central Bank has said it will stop buying billions of euros of bonds in early July and raise interest rates by a quarter of a percentage point. Europe red, and I think US futes to follow shortly Edit: Narrator: 11 minutes later, US futes went red.
Shanghai will lock down a south-western district on Saturday morning to conduct a mass COVID-19 testing drive, its first major movement restriction since the financial hub exited a bruising two-month crisis earlier this month. The mini-lockdown is raising concerns that the city’s reopening is backsliding as officials fear a rebound in cases. Although the plan is to close the Minhang district of 2.65 million people for only Saturday morning, residents face the risk of being confined to their homes for another two weeks if any infections are discovered. Elsewhere in the city of 25 million, officials appear to be escalating curbs and placing compounds back under lockdown over the slightest hint of infection risk. Some housing compounds in the central Jing’an and Xuhui districts were sealed for 14 days from Tuesday, although only close contacts – no confirmed cases – were found among residents. CCP --> 🤡🤡🤡 Once of the most important economic hubs in the world and they'll just keep throwing it into lockdown. Good luck as all that supply chain moves somewhere else you dumb fucks.
Maybe they know something we don't and there's an evil brew of BatSoup Version 2.0 lurking somewhere out there in downtown...
My conspiracy theory was that sars2 electric boogaloo was a CCP hit job on the world economy to test developed nations capacity to respond to such a disaster. They've done such a shit job at managing it themselves that it may actually be true.
Would’ve thought, given their history with human rights abuses, that the politburo wouldn’t just let it run rampant to thin their ageing population right out.
We work with people in China, a few months back some of them went in to hard lockdown, again .. “Lockdown, again ! How many cases there ?” Answer “Three” Gulp
Not that I wish to defend China in any way, shape or form - but transmission is going to be severely higher when that city has the entire population of Australia knocking shoulders every day. That'll spread like wildfire
Phew, lucky we locked down to stop COVID, let's get right back to... ahh fuck it's back! How does this keep happening?
Through the delusion that it can be stopped. Let it be and get on with living.
Gunna buy some CKF cause all you MFrs are gunna be able to afford shortly is cabbage laced Kentucky Fried Chicken…. Myself included….. fuck