Yep I agree dacs. This one can't be avoided so why intervene and...

Yep I agree dacs. This one can't be avoided so why intervene and eventually make it worse? We have to take our medicine.

People think that a low dollar is fantastic for exporters but they fail to understand that the cost base is actually rising. In my case, farmers will be expecting to see falls in fertilizer, fuel and chemical prices for the 2009 year and may well be shocked to find they actually have risen from 2008 levels. In this new credit constrained climate that will discourage producers of not only agricultural commodities but resources as well to significantly downscale production goals and worse case not bother producing at all if your financier cuts credit off. Commodities are the backbone of this economy and the jobs market particularly now the financials are headed for the toilet.

We need to be encouraging savings not discouraging them.