Exchange rate AUD Vs GBP £1 buys $1.83
#79
Re: Exchange rate AUD Vs GBP £1 buys $1.83
http://www.abc.net.au/news/2014-02-0...d-lows/5237734
The RBA have said they don't intend to cut interest rates any further, which is dumb, but somewhat expected. That's on top of the pound getting bad data.
The RBA have said they don't intend to cut interest rates any further, which is dumb, but somewhat expected. That's on top of the pound getting bad data.
#80
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Exchange rate AUD Vs GBP £1 buys $1.83
up 2 pence this week. wooo hoooo. transfers have commenced
#81
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Meanwhile, the real elephant in the room won't go away:
http://www.telegraph.co.uk/finance/e...warns-Lew.html
USD17.3t and rising
The problem for the US is that they have a socialist president that refuses to do anything about it and has his head buried in the sand
http://www.telegraph.co.uk/finance/e...warns-Lew.html
USD17.3t and rising
The problem for the US is that they have a socialist president that refuses to do anything about it and has his head buried in the sand
#82
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Meanwhile, the real elephant in the room won't go away:
http://www.telegraph.co.uk/finance/e...warns-Lew.html
USD17.3t and rising
The problem for the US is that they have a socialist president that refuses to do anything about it and has his head buried in the sand
http://www.telegraph.co.uk/finance/e...warns-Lew.html
USD17.3t and rising
The problem for the US is that they have a socialist president that refuses to do anything about it and has his head buried in the sand
#83
Forum Regular
Joined: Feb 2007
Posts: 59
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Obama is a "socialist", lol.
#86
Forum Regular
Joined: Jan 2013
Location: Richmond, Melbourne
Posts: 48
Re: Exchange rate AUD Vs GBP £1 buys $1.83
I only saw the good news from UK stating construction at 6.5 year high. Dollar or Interest rates here will need to fall as unemployment bites. BRIC economies full of holes and that's not even including crackpot economies like Argentina and Turkey.
#88
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Just someone trying to flog a magazine through fear mongering
#90
Re: Exchange rate AUD Vs GBP £1 buys $1.83
It's correct in that the financial system is broken in a number of different ways. But that kind of misses the point. The financial system, money, isn't real. It's only a system that redistributes work, effort, time within society - do you think looking after pensioners is more important than someone being able to afford a mansion, etc. If you take it too seriously is when things go wrong - you have to keep in mind that it, and in particular fiat money, aren't real, and just mechanisms.
Now, it's pretty likely that the financial system will fail at some point, in some way. In fact you can probably make a case that it's already failed. But that's not the question, since it's only a mechanism. The real question is can you reconstitute things in a different way that enables people to have a reasonable life WITHOUT the failed bits.
And that's down to politics, intelligence, and if democracy is real.
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BTW Be very careful of any article, programme or politician that makes appeals to household budgeting in connection with national finances - it's cr*p and they are trying to lie to you.