1 Greece, then Italy then Ireland, institutes like Moody's are doing it for saving the American Dollar. Euro with so many problems then china will not buy more euros and will not unload the dollar.
we don't care
2 China hard landing or soft landing it will not slow its growth, whether it is 10% or 8% still it is growing, Rio Tinto's boss believe in the story. So boom for our resources is not going down soon may be another 20 years.
We don't care
3 MacArthur coal got takeover offer which is one of the biggest offer so far. It proves coal and gas has future. We will fall for Tony Abbot's scare campaign
We don't care.
4 IF China is slowing a bit, India is coming online with a speed of 8 to 10% growth.
We don't care
5 Our banks are strong, well managed earning lot of profit
we don't care
Only we care what uncle sam is telling us to believe.
Run Guys Run Sky Is falling.
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