capitalism is working well in Oz thanks to communist China able to pay for oz resources. Ireland is in worse shape than britain, in ireleand the debt is 10 tmes anuual GNP in Britain it is 5 times GNP in the USA it is around 1 times GNP according to CNBC yesterday. But Britain will probably go the way of Argentian in 2001 I think it was. I wouldnt want to be in Sterling at the momnent better to be in $A or gold.