MMX fantasyland is a happy place. Blind freddy could see this coming but im hurting too. Im limited my exposure as much as i can to this market but a market crash is a market crash.
I can only hope the DOW is green tonight and for the next while. Unfortunately the problems behind the world debt will not go away and the inivable Chinese collaspe will come. Its just a matter of when.
If consumer spending is bad here and around the world what do you think that is doing to the worlds largest maker of consumer products and the materials that go into these products. That's why this isnt rocket science.
Why do you think Im so passionate about getting rid of this labor govt. I can see the writing but they cant. They are pushing Australia up against a wall with the waste and the debt.
Can you even imagine how how it is to do this to a country like Aust while in a mining boom. If you tried to smash the economy on purpose you wouldnt do a better job than Swan and Gillard are doing right now.
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