anyone shorting the us tonight?, page-5

kent this cant go on forever. I think the Aud is about to be sold off very quickly.

Australia is sovereign risk because it relies too much on resources.

Australia GDP shrinking due to resource prices.

Australia banks returning less on deposits.

Australia is in recession.

Aud fallen 14.8% since its high.

Stock market is correcting by around 12%

Around 40% of the asx is foreign investment.

China has severe debt problems 50% GDP

75% of china GDP is corporate industrial which has debt of
125% of GDP.

George Sorros shorting the Aud.

30% china corporate industrial or $2.4 trillion has debt of 300% of turnover $7.2 trillion.

China government debt and corporate industrial combined 180% GDP