Talk about the blind trying to lead the visionaries.
Economy of China is going to pot. really? Still growing with US rising may cause a turnaround and an increase.China is not a democracy and can be managed far better than the precipitious US brinkmanship. All falling apart so rates will go up says a boaster , he is ready -WHAT? Where on earth does one get such a conclusion? RBA cautions rates on hold for a while. Economy drops - rates drop to stimulate same. Economy goes up , rates rise because things are good more jobs etc etc.Not the other way round unless you have a Keatingesque approach but its Liberals in power when last I saw. US has Yellen easing QE - means its on the up and still worlds largest economy which will have a flow on effect worldwide. Talk about being confused and they want their posts viewed with credibility!
