DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The Party Is Over In Australia As Debt And Living Costs Surge

**Dkavtbek** · 01-04-2011, 01:43 PM

Aust is not a big exporter of mfg goods. The way I see it the future very very bright for Australia. A$ probably reflects this $ coming from commodity exports

"Bright future" your ass - there's an unprecedented massive rise in repossessions & bankruptcies in arsetralia in the last 2 years.

Nobody but you said arsetralia is a major exporter of mfg goods -
produce means "meats" like arsetralian beef & seafood - these're major industries. If you know anything about arsetralia, you'd know that.

These industries're in deep shite because of the record high AUD. That also affects the arsetralian resource export market - their major client being china has already begun looking elsewhere to meet demand. Faltering exports means faltering economy. Arsetralia IS an export dependent country & a high AUD hurts it big time, get it?

Everybody knows arsetralia is in a deep recession. Only their gahmen denies that because it's not a re-election friendly admission.

01-04-2011, 01:43 PM	#9
Dkavtbek Join Date Nov 2005 Posts 465 Senior Member	Aust is not a big exporter of mfg goods. The way I see it the future very very bright for Australia. A$ probably reflects this $ coming from commodity exports "Bright future" your ass - there's an unprecedented massive rise in repossessions & bankruptcies in arsetralia in the last 2 years. Nobody but you said arsetralia is a major exporter of mfg goods - produce means "meats" like arsetralian beef & seafood - these're major industries. If you know anything about arsetralia, you'd know that. These industries're in deep shite because of the record high AUD. That also affects the arsetralian resource export market - their major client being china has already begun looking elsewhere to meet demand. Faltering exports means faltering economy. Arsetralia IS an export dependent country & a high AUD hurts it big time, get it? Everybody knows arsetralia is in a deep recession. Only their gahmen denies that because it's not a re-election friendly admission.
	Quote