CarrameloKoala couldn't agree with you more. This is disastrous, it will stimulate the ecoomy in the short term, but there are other places to invest. Sure Aussie exports will look attractive with a low USD (currently $142 billion and about to fall due to depreciating AUD) but we also have many imports $160 billion and about to rise (due to depreciating USD).
Buy Australian Made as the trade defecit is going to be blown out of proportion. Not to mention external debt will go way past $1 trillion. RBA are morons make no mistake.
CarrameloKoala couldn't agree with you more. This is disastrous,...
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