Allways appreciate a discussion. That why we here, right, you welcome. The US needs to smarten up and cut it's military spending...end of story.
Whatabout the ASX and its regulators needs to smarten up and prevent the over excessive red carnage on the ASX only bec. from the US DOW. Slave country Australia. If the US goverment fail, and Australia gets dragged in, you think the Goverment would tap in the futurfund for any measures ? Slave country Australia. Australia is naturally a dry continent. The mining boom has been only related to China and is arteficially a once off scenario. China which buys and keeps buying the resources,the once off mining boom has created wealth, but is not protected from this USA Scenario. And this is not right the ASX gets always played open mostly lower or a little bit higher from the DOW finish.
Australia needs to be disconneted to any related trading from the DOW. Australia should start do the commedetie trading with China with the chineese currency, the YUAN. That would be 100% right and fair.