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Renewables will power the economy better than gas SMH Letters, page-10

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pintohoo

81,597 Posts.

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10/08/20

22:15

Post #: 46437875
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Originally posted by madamswer ↑

Why do you insist on posting such blatant lies?

Pintohoo Falsehood: "our government debt was the biggest ever"

Fact: Relative to GDP (which is the proper way to assess it), it is in the bottom quartile of G20 countries:

View attachment 2376308

Pintohoo Falsehood: "our currency had collapsed"

Fact: The A$ is right at its average level since the mid-1980s (the reason it reached over parity with the US dollar was due to the commodity boom in 2010 to 2012):

View attachment 2376317

Pintohoo Falsehood: "our retail had collapsed"

Fact: Retail sales have continued to grow, unabated (even in real terms)

View attachment 2376323
(Data source: Australian Bureau of Statistics)

What have you got against Australia that prompts you to continuously seek to cast it in a poor light, even going to the extent of lying through your teeth to do so?

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you appear to have missed the aussie dollar collapsing as well it seems

The Aussie dollar has tumbled over the past 8 years, losing nearly 40%. These strategists say the slide isn't over yet

https://www.*.com.au/fx-currency-aud-australia-dollar-rba-trade-war-2019-5
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