"Fears Australian dollar facing 'benign collapse' to...

"Fears Australian dollar facing 'benign collapse' to $US66"

http://www.allnewsau.com/news/fears-australian-dollar-facing-benign-collapse-to-us66

"The Australian dollar could face a "benign collapse" to US66¢ by the end of next year amid falling commodity prices, declining mining investment and reduced government spending, Deutsche Bank says in one of the most bearish forecasts for the local currency.

The plunge in the Australian dollar to the mid-US60¢ would come about if the Reserve Bank keeps interest rates on hold until 2016, if the US lifts its rates by mid-2015 and if the United States' dollar continues to strengthen, Deutsche Bank's chief economist for Australia Adam Boyton said."


Wow this sounds great for property ehh...tippy tippy to the edge, when it crashes I will sledge :)