Are we in a bubble?, page-6

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    So. America is in a deep recession with interest rates either at zero or near zero and a depreciating dollar while "China is goosing its economy to avoid recession" a policy that would "bode well for Iron Ore, Met Coals etc.", that is, would be very good for Australia and whoever has invested in its economy.

    However, the "Yanks will be calling home their Australian Investments" in order to take advantage of such a wonderful scenario of zero interest rates, a declining US dollar and a contracting economy.

    What an excellent analysis.


 
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