It constantly amazes me that the people who post the ill informed garbage they do on threads like this also investment in the share market
Rudd HAS NOT GIVEN $11.9 billion to US banks, The person who started this thread can be excused for make such a foolish comment as he has a history of clearly not being able to understand what he reads
But the rest of you???????
Australia HAS NOT GIVEN the US $11.9Bill
The RBA along with central banks from other countries have entered a $30bil currency swap with US$
This is on top of other central banks taking up US treasury bonds
NONE OF THIS IS A FRE GIFT TO THE US or even a gift
IT IS A SHORT TERM MEASURE TO IMPROVE LIQUIDITY IN THE us BANKING SYSTEM
