Again watched the US markets last night. Australia's 40% rersource tax has been identified as a main trigger to short the Oz economy (ie. dump dollar and Oz stocks)
I have never seen such focus on the Australia by US commenters who have been stunned by the collapse in the Oz dollar.
I hold those ignorant and stupid b--tards Dudd and Co totally response for the paradigm shift in sentiment towards Australia's economy.
Look at our market this week. Institutional shorting on a massive scale.
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