By: realharpo
8/03/2008
2:25 pm Yahoo! Profile:
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| Hey Tony, don't tell me you have sold out to the ugly Americans. Yeah, those Wall Street devils still want you to believe the greenback is for real wealth! |
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By: realharpo
8/03/2008
2:22 pm Yahoo! Profile:
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| Hey, you got it ALL RIGHT, Mate! Right on! No country can depreciate itself to prosperity! |
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By: realharpo
8/03/2008
2:17 pm Yahoo! Profile:
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| Are you stupid or what? A$ too high and killing exports? Hell, our infrastructure can't even handle our current exports with clogged roads and ports! A$ too high and sucking in too much imports? Well this is the perfect time to import high tech systems to improve our productivity, Mate! Since we don't have sufficient high skill people, we need high tech and expensive systems to do the jobs, and only a high Aussie dollar can afford that!!!! |
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By: lasty49
7/03/2008
3:02 pm Yahoo! Profile:
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Its not a question of where you would prefer it but what the market preceives.
A strong Aussie dollar alleviates inflation by reducing imported good prices.
Our primary exports arent suffering from the strong dollar.If there is demand for a commodity with it be beef, wheat,coal or oil then people will pay for it.
Australia's biggest problem is logistical with poor infrastructure.
Manufacturers cant compete even if our dollar was at 50 cents because of labor costs.
A higher dollar is infact good for our economy.
We have massive overseas borrowings therefore repayments are cheaper.
Oil imports are cheaper.if our dollar was at 50 cents we would be paying $2.00 /litre at the pump which would be passed on to the transport companies and cause inflated consumer goods. |
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By: anthony_sadgrove
7/03/2008
1:04 pm Yahoo! Profile:
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| what are you on about - it should be under 80 - it's way too high at the moment - it's killing exports and sucking in imports and blowing out our debt |
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By: lasty49
7/03/2008
11:11 am Yahoo! Profile:
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Given the strong commodity prices, healthy exports to the north and the weak USD, the Aussie dollar should be above parity.
It has tried a few times to move higher and a test of 95 cents failed big time as i think there is a massive option barrier there being protected.
So who could it be protecting the rise of the great Aussie battler?
RBA,China or is it the same old sentiment entrenched into the traders minds,"up the stairs down the lift shaft."
Will we get our parity party?
Well im starting to have second thoughts because if all the positives arent doing us any favours, one bad negative could send this currency into a dive as many economists and technical advisors are leaning the same way, North Bound.
Beware of the Bear.Its coming up to hibernation season however with climate change being all the hype, anything can happen. |
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