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10/10/19
11:04
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Originally posted by Marketinfo:
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rickh, "I had a crazy idea this morning, instead of dropping rates, increase them. Make imports cheaper * fuel/Gas/ etc. " I don't disagree on certain aspects of the balance of payments................... there's a lot of merit in. Morrison only wants to keep Coal and Iron Ore exports looking OK in AUS$ terms ................... if he could drag that single brain cell in his head into action he might understand that leadership is doing the things that you don't always want to do. Morrison and his idiot followers are marching down the One World Government path by sending the Financial System into a black hole. If people wanted American Products they paid for them and if America wanted to pay less for what the World had on offer they did it with ease using a Strong US$............................. it didn't exactly make them the weakest economy in the world over most of our life times. I know that the Property Ponzi Scheme will come to a screaming end as soon as interest rates go up just a touch but it has to end some day............... procrastination only makes the final outcome worse. MI
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Agree, our property is over priced to the shizen housen and it's only unwanted immigration keeping food and housing prices up. well at the same time, our infrastructure is suffering at best, falling apart at worst. We need to also address our power source..build some god damn gas fired electricity stations. fueled with our own gas of which we have abundance, or nuclear, and cut business and house prices back in half watch the economy fly along then..