00:00 - 00:05 | The last decade they said buy #propadee |
00:05 - 00:07 | Snap it up - Do it now |
00:07 - 00:10 | Rocksolid cant go wrong |
00:11 - 00:16 | Immigration, low rates |
00:17 - 00:21 | The RBA is at zero and COVID hits |
00:21 - 00:24 | The AFR and Wolverine are pumping it |
00:29 - 00:31 | How good! |
00:31 - 00:34 | No cunt has a job and they are calling for a boom |
00:38 - 00:40 | The banks are going to go bust |
00:41 - 00:47 | And they are telling Boomers its OK to buy hybrids |
00:47 - 00:50 | If SBS looked at Italian banks instead of titties and bush |
00:50 - 00:56 | Maybe this narrative would die? |
00:58 - 00:59 | Buy they say! |
00:59 - 01:01 | Subordinated dogshit |
01:04 - 01:06 | Its got a franking credit! |
01:06 - 01:08 | They are on the RBA TFF tit! |
01:13 - 01:14 | Imagine |
01:14 - 01:16 | a strategy |
01:16 - 01:20 | needing a bailout |
01:21 - 01:27 | and you charge performance fee! |
01:35 - 01:36 | Economy is on jobkeeper |
01:36 - 01:39 | Nobody is paying their mortgage |
01:41 - 01:44 | But hey this is serious |
01:44 - 01:47 | 30% of the ASX are these banks - boomers are balls deep |
01:47 - 01:49 | if their kids are hanging on the inheritance |
01:50 - 01:53 | They'll have to pump the narrative too |
01:54 - 01:56 | Accept $2m prices |
01:56 - 01:58 | To live in a cul-de-sac |
01:58 - 02:02 | No restaurants, forget night life |
02:05 - 02:07 | Imagine it |
02:10 - 02:11 | Multi Millionaires |
02:11 - 02:13 | Sitting in traffic |
02:15 - 02:17 | And then they claim welfare |
02:17 - 02:20 | and the kids pay 40% in taxes |
02:21 - 02:28 | Uber drivers buying into this dream with credit cards |
02:29 - 02:30 | buy the banks? |
02:30 - 02:32 | that is what they are saying! |
02:36 - 02:39 | and then there is BNPL! |
02:40 - 02:42 | lending people money who cant afford shoes |
02:50 - 02:55 | Imagine thinking the greediest banks in the world left ham on the bone |
02:56 - 02:58 | But its not lending? |
02:58 - 03:04 | Thats what they say, and hey if they dont make you pay it back |
03:04 - 03:09 | Maybe they have a point? |
03:09 - 03:11 | The insiders cant stop selling |
03:16 - 03:20 | They sell it and then get issued moar! |
03:23 - 03:26 | About $40bn of this now |
03:31 - 03:36 | Pandemics are bullish AF |