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"Complete and utter denial on all the failures of his economy...

  1. whereu
    29,338 Posts.
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    21/01/15
    15:46
    Post #: 14617836
    "Complete and utter denial on all the failures of his economy and massive hypocrisy on the global stage."

    And, yet the USD has gone from around parity with the AUD to around 0.8USD = 1AUD in a pretty shot period.

    The million dollar question is: how important is the exchange rate (or more to the point the change in exchange rate) play in the perception of the health of any country's financial health?

    IMO, a very important part.

    But as we have seen, it appears that sentiment can change in a heart beat.
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