It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by gort51
WTF...Germy you have lost the plot...
Australia is NOTHING in the World of Finance.
We are a Miniscule speck, in the overall picture.
Dont believe the tripe the government says, the only part of the economy that is moving is mining.
That is only because of pure dumb luck and greed, greed as in deals done by Execs in Oz, to make the quick profit.
Australia is still a slave to its customers.... Only a few years ago, the LPG companies did a 15 year deal to sell LPG to Japan......guess what the price was locked it for..... 1 cent per litre!!!! For 15 YEARS !!!!!!!
Yes thats the "Good" ozzy business man.
If the Asians didnt get cheap raw materials from the big mine that is Australia, they would buy it from South America or Africa...which they will once they get their claws in...and Australia will be left for dead.
We have already exported most of our jobs, we dont even process much of our raw materials, we only have one oil refinery and thats going to close, because we import our Petrol (gas) from Singapore!!!!!!.
We are up the creek, and we are loosing hold of the paddle.
This new carbon tax will finish Australia.......
Any room in the US for a good Ol, gun totin, rootin shootin white boy who loves his V8s...but cant afford to drive them here because fuel is $6.00+ per gallon and registration is $800.00 per year.
Isa comin over......
If a new reserve currency emerges, wouldn't it be in America's best interest to dump the USD hard and pay back it's debt with worthless currency in USD$, then when the new reserve currency takes over, take advantage of whatever schemes that are built in which dictate the value.
Originally posted by Morg234
reply to post by gort51
Any room in the US for a good Ol, gun totin, rootin shootin white boy who loves his V8s.
That's so pathetically pretentious...