Comments on: Strong Australian Dollar Sign of Strong Economy

By: R."Mitch" Mitchell.

R."Mitch" Mitchell. — Wed, 30 Jul 2008 12:28:55 +0000

Everything I read about the Australia Economy, seems to indicate to me,.that, although people live on plastic,..all is ok,..Great Economy.
It would also indicate to me,. that people have their heads in the sand, when they know full well,that they are being missiled by the "Fantastic Run Economy".
Each and every household in Australia is in plastic for $1.800 because the working people spend more than they make,.and the Government say they have a great Economy.
People can not afford houses,.and the land lords make it impossible for the people to rent.
Something like 48 thousand single mothers do not work,or,will not work,because of a disability,or depression problem.
The dole,.(Charitable Gift) is handed out like it grows on trees,..the cost of living is next to New York.
But,...I am told it is a Economy that is in great shape,..WHAT?
o'well,.maybe I am on another planet.
I would say,..it is quite possible,that this Economy, should be ready for a big down turn,.or maybe the farmers are going to start growing money.Hope this is all a bad dream and not something I read in the passed.
I do thank you, for allowing me to show my frustration,.my writing is not intended to hurt the country,. or any person,.or people.

By: christina

christina — Wed, 12 Dec 2007 13:59:43 +0000

Once when I was visiting someone in hospital, the guy in the next bed looked like a big strong, fit tanned bodybuilder. Like Adonis himself. Why would he be here in hosptial I thought to myself, such a young strong strapping young man. Then if ound out that he had taken steroids to make heis muscles bigger, and he had had a heart attack. While he looked big and strong and fit, he was actuallly paralysed and he couldn't move or talk. I felt very sorry indeed for the poor guy, and it proved to me very much that just because something looks strong from the outside, it doesn't mean that it is.

By: kayle

kayle — Thu, 27 Sep 2007 23:35:18 +0000

'Me too' kage.

Measuring pretty much anything against the US dollar these days is nothing more than a feel-good exercise.

AUD is rising against the euro lately. Nothing too drastic though, about middling since July/August highs.

'Me too' re the elephant in our living room, the debt.

By: kage

kage — Thu, 27 Sep 2007 05:14:34 +0000

Strong economy. Ok if you say so.
Just don't look at the debts.
Strong with respect to what ?
USD ?
Are you serious ?
To move 'up against the greenback', one needs only to stand still.

A great pity if the contracts are in USD too.

You might also consider who pockets the profits from these sales.