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Originally posted by pommie bastard Look they cannot win ... a higher dollar means they get less for exports and imports become cheap so the local producers cannot sell on world markets . :D :cool: :beer: |
Originally posted by pankala Good old Nips selling what's left of their UK shares to buy A$. :D :cool: :beer: |
Originally posted by pommie bastard Why buy the dollar when they own a third of Australia already they even can afford to use Australian iron ore as land fill seeing that the Aussies are well up to their necks in debt to the Japs. :D :cool: :beer: |
Originally posted by pommie bastard Look they cannot win the country is a primary producer its sells materials and food stuffs then pays to import finished goods , a higher dollar means they get less for exports and imports become cheap so the local producers cannot sell on world markets . :D :cool: :beer: You do have a point PB and I understand your reasoning. I am no economist but I do a lot of reading and I did a bit of research the other night on the Aus$ (as well as Canadian dollar, Norwegian Krone and SA Rand) versus the pound over the last 7 years. As the gold price was suppressed so the strengths of these currencies lost against the pound and as the gold price (and other commodity prices) have risen so these currnecies have strengthened. The point I am trying to make is that if you believe the gold price will increase further, it might be worth hanging on before converting your Aus dollars back into pounds. |
Originally posted by pankala I think the idea is to but something of value before Nippon implodes and debts become moot. China next. :D :cool: :beer: |
Originally posted by Goose You do have a point PB and I understand your reasoning. I am no economist but I do a lot of reading and I did a bit of research the other night on the Aus$ (as well as Canadian dollar, Norwegian Krone and SA Rand) versus the pound over the last 7 years. As the gold price was suppressed so the strengths of these currencies lost against the pound and as the gold price (and other commodity prices) have risen so these currnecies have strengthened. The point I am trying to make is that if you believe the gold price will increase further, it might be worth hanging on before converting your Aus dollars back into pounds. :D :cool: :beer: |
Originally posted by pommie bastard Looking at Perth city centre I thought Australia was turning chinese already? :D :cool: :beer: |
Originally posted by pankala Advance party. Treat them nicely or i'll come 'round and rip your bloody arms orf! :D :cool: :beer: |
Originally posted by pankala Advance party. Treat them nicely or i'll come 'round and rip your bloody arms orf! :D :cool: :beer: |
Originally posted by pommie bastard Still to find a good british chinese take away the buggers here would go bankrupt in the UK , bloody chinese how cannot cook . :D :cool: :beer: |
Originally posted by pankala Youre starting to breakup or stuttering. Stick to butties, high English cuisine (thats posh for food). :D :cool: :beer: |
Originally posted by pommie bastard Love to if I could find a good Brit chippy bloody frozen chips make crap butties buggers only cook them when ordered tight sods must be a rubber dollar thing? :D :cool: :beer: |
Originally posted by pankala Can't wind windows any more. Now you can't even fry chips. It really must have been a wonderful childhood. :D :cool: :beer: |
Originally posted by pommie bastard No muumy kept me out of the kitchen only the hired help was allowed to cook. :D :cool: :beer: |
Originally posted by pankala Hate to cast aspersions but did your mummy have a woefully mis-spent youth as well? :D :cool: :beer: |
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