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RBA warns-dont be a bear!, page-8

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simonjb

2,760 Posts.

13/10/15

20:28

Post #: 16169536
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Originally posted by twelve ↑

But they are still this low here because the Aus economy isn't in a good space. They are not dropped because it's the trendy thing to do at the moment.

You mention we are in a better position than others. How can that be so given we have such a reliance on these other countries for exports etc, when questions are raised on their respective economies?

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Actually it is the trendy thing. We needed to lower the AUD and that is the lever and it's working. We went with a trend.
Your other question it's to do with foreign debt but I can't be bothered. No insult intended.
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