Pound = $ 1-64
Aug 1st 2011, 6:31 pm
#167
Banned
Joined: Feb 2008
Posts: 421
Re: Pound = $ 1-64
Sterling is pegged to the US dollar, the US is bankcrupt, they hold the global economy by the balls, the US is blowing up China with its loose monetry policy, when China pops, Oz will go wham bam thankyou very much Ben Benanke, the debts the US owes will either be defaulted on or just.................but they cannot be paid back, i would rather owe the dosh, but would not want to be owed the dosh, me thinks China is in a real pickle, never be a lender to a bad borrower who is morally bankcrupt!
China and Oz have a high inflation, high interest rates attracting hot money, this is blowing and blowing until it cannot be blown any more, a bit like an old jonny..............................
:thumb sup:
China and Oz have a high inflation, high interest rates attracting hot money, this is blowing and blowing until it cannot be blown any more, a bit like an old jonny..............................
:thumb sup:
Aug 2nd 2011, 12:23 am
#168
Account Closed
Joined: Jul 2006
Posts: 14,188
Re: Pound = $ 1-64
Sterling is pegged to the US dollar, the US is bankcrupt, they hold the global economy by the balls, the US is blowing up China with its loose monetry policy, when China pops, Oz will go wham bam thankyou very much Ben Benanke, the debts the US owes will either be defaulted on or just.................but they cannot be paid back, i would rather owe the dosh, but would not want to be owed the dosh, me thinks China is in a real pickle, never be a lender to a bad borrower who is morally bankcrupt!
China and Oz have a high inflation, high interest rates attracting hot money, this is blowing and blowing until it cannot be blown any more, a bit like an old jonny..............................:thumb sup:
China and Oz have a high inflation, high interest rates attracting hot money, this is blowing and blowing until it cannot be blown any more, a bit like an old jonny..............................
:thumb sup:
Aug 2nd 2011, 12:59 am
#169
(It's not my real name)
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
Aug 2nd 2011, 1:09 am
#170
Banned
Joined: Aug 2008
Posts: 22,348
Re: Pound = $ 1-64
But he appears to have a lot of experience with blowing up old johnnies. ...Now that counts for something, surely? 
Aug 2nd 2011, 11:53 pm
#175
Frequent Flyer Member
Joined: Jun 2007
Location: Melbourne
Posts: 10,994
Re: Pound = $ 1-64
Heading for $1.52?
Aug 2nd 2011, 11:58 pm
#176
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Pound = $ 1-64
Well lets hope so just after we sell our house.
Aug 3rd 2011, 3:28 am
#178
...giving optimism a go?!
Joined: Jun 2007
Location: Brisbane (leafy, hilly western suburbs)
Posts: 2,202
Aug 3rd 2011, 3:33 am
#179
Account Open
Joined: Jan 2005
Location: Brisbane
Posts: 4,298
Re: Pound = $ 1-64
ps - if you do get 1.43 then have a xmas pint for me.
Aug 3rd 2011, 7:48 am
#180
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Pound = $ 1-64
Either way, it's a great time to have, and earn, AUD.