Wednesday, November 30, 2011

I fear that Australia will follow the major countries into a recession by march next year.

We are so interlinked due to the global stock market set up. I always thought it was unwise to float the dollar all those years ago.

If germany is continually pressured to support countries that do little to address their own predicament they may well be pulled under and that will be the tip of the iceberg.

Australia can not rely on selling mining materials to China to keep the country afloat.


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