World Financial Crisis Over ?

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It's clear which bed you're in...Mr 'Renovator'

 

I like to keep it simple for guys like you

 

Please explain how beefing up our rates and boosting our dollar is a good thing for our economy?

 

I think it's January.

Everyone is optimistic in January.

New year, new start, new opportunities, blah, blah, blah.

It'll wear off soon enough.

 

If you're a PI, it's optimism all year round!

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YATTA!

 

that bubble's gonna pop, either you like it or not

 

For a country running virtually 100% of resource exports & housing bubble 'growth' to attain that wealth?

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Exactly !!! If the AUD was 1.90 like volrathy mentioned or even 1.40 there would be pain . They know that . Even though they are not doing the best job in the world they are smart enough to know when to douse the fire before it gets out of control & someone gets burnt .

 

No & i dont intend to .Thats the problem with you guys you listen & watch to much crap & forget the commonsense of how much money we have coming into the country .

Thats all i need to know to make my decisions .When it stops i'l be worried until then its business as usual .

 

So when do you expect to see those resource exports stop ? not slow down stop !! because thats when we will be in trouble . Personally i cant see them ever stopping .

Ok i'l give you a chance to tell me when they will slow down & by how much & what you think will happen to our economy & to what extent . .... thats fair . So we can come back & see how wrong you were. Youve been wrong constantly for the last 2 years that ive been here & at least a year before that from old posts ive read ....... i cant see your forecasts getting any better :lol:

 

Australia has AGES until we are in trouble compared to the rest of the world though

$1.37 trillion GDP
$250 billion government debt

we can run a $20 billion deficit every year for the next 70 years before we get into the same position america is in. John Howard left us in a great position and heaps of room with our government finances to get through basically any global financial distaster.

But yes expect deficit budgets for awhile

 

He meant that if the Australian economy was good we would have higher interest rates and our dollar would have a higher real purchasing power.

 

Methinks focussing just on the Federal Government position can result in blindness.

 

There must be something in that central coast water that makes you see through the cow cookies & keep commonsense intact . :.

Did you say $1.37 trillion gdp ? just thought i would mention it again for the doomsday brigade ....Was that 1.37 TRILLION ? :lol:

Wheres that pic of how much a trillion dollars is now .Oh thats right they only use that to scare poeple not instill confidence

 

I think what your doing in the dark room by yourself at times causes blindness.....

 

that's true but going by the bleating of retailers etc, people are still busy paying down debts and saving.

 

So you admit you bury your head in the sand until it affects you directly, do you?

Oh, that's just too precious and speaks volumes.

 

+1. Based on people I know I'd agree that seems to be the general trend. If only our stupid Govt could do the same.

 

Or a silver stacker like you...?

 

You going to give an answer to post #50 ? or just throw silly comments about .As for ^^^ Im sure 99.9% of the wealthy people on earth havent even heard of the guy .Not to mention listen to him & heed his advice . Your such a sheep . You get great joy in calling others sheep when you are one of the biggest on here .listening to forecasters with baited breath ....hilarious