yes lots of thoughts but interesting to see that USD chart...

  1. 10,404 Posts.
    yes lots of thoughts but interesting to see that USD chart again. 2015=$0 !!

    This report has, in essence, been around a while and should also be read in conjunction with other things.

    QE2 or the US attempt to flood the global financial system with super cheap liquidity is either a damned if we do attempt or a deliberate attempt to wipe the US debt situation of the map.

    Irrespective of that any QE from this point will aggravate the currency war (trade war) create asset bubbles quickly in countries that can ill afford them and the resultant currency and asset's crashes that ensue.

    Leaving, in it's wake ????

    hyperinflation.

    Australia stands very much and unequally apart. Our situation seems more precarious. As the saying goes "if it seems too good to be true it probably is'. That could apply to our economy.
 
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