ASX 0.77% $60.90 asx limited

cheer up

  1. 241 Posts.


    Once again the US has created another dilema for the world
    to deal with.The so called finanacial gurus that created this mess need to be sacked and replaced by at least year 8 school kids that have passes in woodwork and metalwork because the fools that have been in charge of the US financial system all had passes in business and commerce and have failed miserably.As for the Europeans they only followed our lead yesterday because they beleive we know what we are doing because our economy is the envy of the western world.But today like sheep we followed their lead even though we do very little trade with europe or the US,our main trading is done in our own asia pacific region,when was the last time you bought something that was made in the USA or France or Italy.Personally I think the market will return to green this week, back in 2000 through to 2004 the US economy struggled and ours was flying especially in property but that wont happen this time as house prices are out of reach so people will return to the market and companies in this country will carry on regardless of what those fools in the US are doing because the fundamental structures that were in place in 07 are still there today.
 
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