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in some areas the drop in the dollar is a godsend. when it was...

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bruceyg

34,315 Posts.

3

07/09/15

20:44

Post #: 15950643
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Originally posted by david25 ↑

It makes me laugh how the news reports appear stating the market is shocked when china devalues. Australia will follow it down as we saw in the last devaluation. BHP, Rio may well be the only companies making any good profits within 3yrs.

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in some areas the drop in the dollar is a godsend. when it was on par it was extremely expensive to do business - now in the area im in we will be more competitive

Price at posting: 6.3636 Sentiment: None Disclosure: Not Held
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