The only countries that are going to be 'fine' are Australia and NZ | |
Anonymous Coward User ID: 78490220 Australia 02/27/2020 02:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78490220 Australia 02/27/2020 02:57 AM Report Abusive Post Report Copyright Violation | |
Google_It User ID: 77935151 Canada 02/27/2020 02:58 AM Report Abusive Post Report Copyright Violation | Thread: OFFICIAL:. Breaking News Australia - Prime Minister Declares PANDEMIC Procedures Initiated The Voice Of Reason @THEWATCHTOWERS |
Chaosisfreedom (OP) User ID: 78532152 Australia 02/27/2020 03:09 AM Report Abusive Post Report Copyright Violation | Love the optimism guys but how? You need a demand for Aussie dollars. Where is that gunna come from and for what? Order is tyranny, chaos is freedom. |
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Chaosisfreedom (OP) User ID: 78532152 Australia 02/27/2020 03:27 AM Report Abusive Post Report Copyright Violation | Love the optimism guys but how? You need a demand for Aussie dollars. Where is that gunna come from and for what? Demand comes from relative difference Of interest rate projections Less money in circulation Higher is it’s value Demand comes from market participants who either need or want Australian dollars. They want dollars to engage in trade with Australians. When that demand falls, and supply stays the same, the price drops. The RBA can either spend reserves to buy AUD off the market and/or restrict the amount of dollars created to try and increase the value of the AUD. But that isn't able to compensate for lack of market demand. Interest rates in this case are only relevant to plebs because of their mortgages. Order is tyranny, chaos is freedom. |
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Anonymous Coward User ID: 72586989 United States 03/05/2020 09:59 PM Report Abusive Post Report Copyright Violation | Look at all the ship traffic from/to Australia and China [link to www.marinetraffic.com (secure)] Doomy looking in real time. |
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Anonymous Coward User ID: 76683494 03/05/2020 10:07 PM Report Abusive Post Report Copyright Violation | If the economy collapses she will be okay. NZ needs to go back to the 70's style economy. The govt dished out the loans before the bankers came in. NZ has a lot to export too. I think NZ and Aussie will be okay. |