NOW AUSTRALIA PAYS THE PRICE, 2000 LISTED ASX SEPARATE COMPANIES SOLD NOW OVER-SEAS, MOST DIVIDENDS NOW GO OVER-SEAS, ASIC JOE LONGO, ALLOWED THE ASX TO TRADE ACROSS 16 COUNTRIES, ALSO ALLOWED ALGORITHMIC TRADING ACROSS THE SAME 16 COUNTRIES, NOW WILL NOT ANSWER , NOW JOE PLANS TO LEAVE HIS MESS BEHIND. WILL JOE LONGO EXPLAIN ?????? ownership of ASX SHARES NOW AMERICA (1) AUSTRALIA (13) HOW SAD THIS IS. ??????
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- 3.3 TRILLION DOLLARS in ASX 2000 ownership moved off-shore,—230 BILLION DOLLARS leaves Australia every five years, AND IT CONTINUES AUTOMATICALLY,FOREVER–UNLESS LAWS CHANGE.
- THE DAY THE GOVERNMENT WOKE UP 18 MAY 2026.For six years the signs were there. Foreign ownership rising across the ASX 2000, Australian companies quietly slipping offshore.
- I was told by a institution, “The Rich get Richer the Poor get Poorer.” December 2020. STOCK MARKETS AND THE GREAT DIVIDE.— The stock market isn’t this high because of the fundamentals— it’s at all time highs because Broker SET machines keep buying.— Algo systems push the prices up automatically, even when the real economy isn’t improving. —Brokers built the high tech machines, and the machines built the record market we see now.— “When 60-75 % of all trades are automated , the market reflects code not people” — Ordinary investors don’t move markets anymore, algorithms do.— THE rich own the assets ; THE GAP WIDENS. — Algo doesn’t feel cost of living pressure, PEOPLE DO. — Machines buy every dip, but ordinary families can’t .— The market doubled, but the wages DID NOT. — “THAT IS THE DIVIDE”. — “Institutions gained from automation, workers gained nothing from it” “The higher the ALGO-driven market goes, the further ordinary people fall behind” — There is not a boom , it is a Broker built machine Market, that leaves real people well behind. THERE ARE COUNTRIES THAT HAVE BANNED ALGO.–ALGO SHOULD NEVER BEEN ALLOWED. “THE RICH GET RICHER – THE POOR GET POORER”
- THE PRESENT AUSTRALIAN GOVERNMENT CAN NOT PROTECT OUR FUTURE . IT IS STRUCTURAL NEGLECT , THE LAWS ARE NOT IN PLACE TO PROTECT THE ASX 2000 LISTED AUSTRALIAN SHARES , NOW SOLD OFF TO OVER-SEAS .
- ASIC Australia did not warn the Government, and Treasury , The ASX 2000 listed share companies, Trading Algorithmic trading. “Australia did not have the LAWS”, rest of the world did, SO THE ASX 2000 was sold across the world , worth $ 3.3 Trillion dollars now gone.
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