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well the australian govt has closed down manufacturing in this...

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waldo1

1,852 Posts.

19

25/08/15

15:07

Post #: 15872041
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Originally posted by YDADDYK ↑

Logic tells me that China will want as much of its citizens money back in its own country.

So the Chinese pull out, Aussies lose jobs as companies tighten the purse strings, USA interest rates go up, Aussie commodity exports go down, Australian currency goes down, Australia raises interest rates to bring money in, then the poor souls who bought in Sydney this year cant afford the repayments on a $850,000 apartment which was built in 1960.

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well the australian govt has closed down manufacturing in this country.

instead it has discovered a new and easier export industry and that is selling houses to foreigners or allowing them easy ownership rights.

so chinese money will keep coming as the australian govt is useless

Last edited by waldo1: 25/08/15
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