Author Topic: Global financial crisis - what does it mean to you  (Read 63378 times)

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mx250

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Re: Global financial crisis - what does it mean to you
« Reply #75 on: April 23, 2009, 10:18:45 pm »
What RECESSION  ;D
Unbelievable :o - literally :). He must have his mates bidding it up ;).

Offline Lozza

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Re: Global financial crisis - what does it mean to you
« Reply #76 on: April 23, 2009, 10:37:42 pm »
Not at all it was mentioned on the 'Gamma List' and once the Yanks got involved went berzerk. Very very rare in the US they pay around 15k USD for a pretty crap one or a converted 400.
Jesus only loves two strokes

Oggy Doggy

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Re: Global financial crisis - what does it mean to you
« Reply #77 on: April 24, 2009, 09:57:20 am »
What a shame. The poor old RG has sat there for the last 14 years acting as a piece of furniture when it really should have been enjoyed for what it was made for. Unfortunately its sad fate is that it'll probably go to a collector and continue its career as a piece of furniture or worse, go to Graeme Boyd and get packed away in a cardboard box and never be seen again.
Either way I reckon it's a tragic waste of a bike.

Offline Graeme M

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Re: Global financial crisis - what does it mean to you
« Reply #78 on: April 24, 2009, 10:12:00 am »
There's been a few references to Graeme Boyd on this forum. Now in no way do I want to character assassintae the guy - I don't know him at all. But does he have a reputation when it comes to vintage dirtbikes? I know he was featured some time ago in a VMX issue and it was clear he had a lot of rare dirtbikes stashed away.

I don't really understand the desire to store these things in crates where no-one can see them. I mean you can't get much of a thrill out of looking at a pile of cardboard boxes. Can you? But, each to his own I guess.

Offline Lozza

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Re: Global financial crisis - what does it mean to you
« Reply #79 on: April 24, 2009, 06:57:52 pm »
Might have to take your socks off next time you do some maths Oggy it's 24 years  ;D ;D ;D. Don't worry Graeme you wouldn't be Robinson Caruso to a stab at a certain Newcastle Suzuki dealer ;)
Jesus only loves two strokes

Offline VMX247

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Re: Global financial crisis - what does it mean to you
« Reply #80 on: April 24, 2009, 07:19:44 pm »
global financial crisis-for sure,but not for all  :P
What some people are spending Mr Rudds gift on  ;)

http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=220397053655

is this tank road or dirt...thanks


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alison
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Offline Marc.com

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Re: Global financial crisis - what does it mean to you
« Reply #81 on: April 25, 2009, 08:14:38 am »
Oh Mr Rudd confirmed yesterday in the press that gift time finishes in June. Enjoy while you can Alison.  ;D

formerly Marc.com

Offline asasin

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Re: Global financial crisis - what does it mean to you
« Reply #82 on: April 25, 2009, 06:12:42 pm »
Maybe Rudd is going to start a fight ( its always worked in the past for countries in money shit) I read today he is increasing your go to war budjet! Hope he hasn't seen the tv add for "NZ  there for the taking";D
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Offline Tim754

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Re: Global financial crisis - what does it mean to you
« Reply #83 on: April 25, 2009, 07:49:15 pm »
The Metralla is the Bulty 250cc road bike Allison.  Roy Bogner and probably even more so his father Vic were wizards of hand painting in Melbournes motorcycle circles. Cheers Tim
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Rosco400

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Re: Global financial crisis - what does it mean to you
« Reply #84 on: May 15, 2009, 01:50:03 pm »
Thought this was interesting facts from Ross Greenwood (Money News)

Makes one feel a wee bit worried
 
Right now the Federal Government is at pains to tell everyone -
including us the mug-punters to the International Monetary Fund that it
will not exceed its own, self-imposed, borrowing limits. How much? $200
billion. And here's a worry. If you work in a bank's money market
operation; or if you are a politician; the millions turn into billions
and it rolls off the tip of the tongue a bit too easily.
 
But every dollar that is borrowed, some time, has to be repaid. By you,
by me and by the rest of the country.
 
Just after 5 o'clock tonight I did a bit of maths for Jason Morrison.
But it's so staggering its worth repeating now. First though ... here's
what Chairman Rudd has been saying about - what he calls - these
temporary borrowings. Remember those words ... temporary deficit .....
but the total Government debt could end up around $200 billion.
 
So here's a very basic calculation ... I used a home loan calculator to
work it out ... it's that simple.
 
$200 billion is $200,000 million. The current 10 year Government bond
rate is 4.67 per cent. I worked the loan out over a period of 20 years.
 
Now here's where it gets scary ... really scary.
 
The repayments on $200 billion come to more than one and a quarter
billion dollars - every month - for 20 years. It works out we - as
taxpayers - will be repaying $15.4 billion in interest and principal
every year ... $733 for every man woman and child - every year.
 
The total interest bill over the 20 years is - get this - $108 billion.
 
And remember, this is a Government that just 18 months ago had NO debt
..... NO debt. In fact it had enough money to create the Future Fund to
pay the future liabilities of public servants' superannuation ... and it
had enough to stick $20 billion into the Building Australia Fund last
year ....
 
Money News
 Ross Greenwood Presenter

Offline VMX247

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Re: Global financial crisis - what does it mean to you
« Reply #85 on: May 15, 2009, 05:06:53 pm »
Glad I don't borrow money like that- ;D
probably what may save the country.. :)
anyway If I recall last year we where 22 million in front-now 100 odd billion in debt  >:(
They have been spending like there is no tomorrow......
Did you score a big fat aluminas Ferris wheel in your city ????
cheers
Best is in the West !!

Offline paul

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Re: Global financial crisis - what does it mean to you
« Reply #86 on: May 15, 2009, 05:14:52 pm »
allison the new ferris wheeel in melbourne is cactus  ,during the really hot days in summer ,the ferris wheel cracked before the big opening ,and has sat idle since . ::)


Offline maicomc490t

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Re: Global financial crisis - what does it mean to you
« Reply #88 on: June 01, 2009, 03:35:34 pm »
Rudd = Dudd

The Milky Bar Kid is currently screwing this country over big time, and then he and his porky rich wife will get an ambassadorial posting somewhere nice and live out their lives wondering what the fuss is about !!!

Politicians suck - no matter what side, bench or fence they come from or sit on.

I am very worried for this countries future and don't even start on the state of the NSW at the moment !!!

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mx250

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Re: Global financial crisis - what does it mean to you
« Reply #89 on: June 01, 2009, 07:10:19 pm »
Gee Dave you musta had a bad day :P. Just be thankful you ain't a Yank :-[.

(BTW, I was hoping my post would make light of the predictament and put a smile on ya dial 8) :).

http://www.youtube.com/watch?v=obho7uBg3-A&feature=related