It is quite eerie how all the ducks are lining up World wide, especially in the commodity based economies.
Canada, Brazil, Malaysia, South Africa & Indonesia all look in trouble. Basically in a post-GFC World if you got by through selling stuff to an ever growing China you could now be s&%t out of luck.
Big week for the Oz economy with RBA meeting, GDP figures, inflation and foreign debt among the highlights. Gut feeling is it may be OK with the little stimulus in Budget 15 providing a decent-ish quarter. Coming into Christmas and MYEFO later in the year I think will be more apparent the bind we're in. Still get the feeling Australia is a bit in denial and/or not fully aware we are no real different to the previous mentioned countries in the same bind.
