pog, aud & qe., page-12

Thanx to ALL who posted.

Will spend time absorbing info....

One point: Aus is six months behind the US in this. They have ripped down interest rates to 3%, injected CASH twice in the last six months , over stimulated the housing sector ( and maybe the commercial sector ), have embarked on a borrowing ( debt ) spree with China ( 2 bill / week )and the AUS dollar is " safe '????

A high dollar based on these fundementals bodes ill for those it is rising against. And if it keeps rising our export trade may faulter, then the RBA will be forced to lower interest rates will it not ??

Cheers