posted on Oct, 31 2007 @ 01:09 PM
2c thrown in from an Aussie.
If it happens and your economy goes wholeheartedly to the bottom of the pool, all i can say is god save you. I don't mean to offend, BUT, what
happened in the aftermath of Katrina??? Much helping of others was there??? Lots of aiding your fellow man??? Or lots of bugger off i have a gun and I
am taking....?
If your economy does go belly up, here in Australia, ( I am no economist ) but so far the effects have been non exsistant. We know your dollars been
sliding and sliding and nothing here. In fact we have had to revalue our dollar lower to stop the little bugger shotting off the charts!!!!!! It
reached the 90c to a yank dollar mark, we revalued at 79 and 3 weeks later it was up to 88 again, cheeky little bastard. But then we are selling
everything thats not nailed down to anyone who wants it!!!!! China, India, Russia all get our Uranium ( oh yes ) and anything else they want. ( we ARE
descended from thieving criminals remember?? think of us as a nation of pirates...... in suits ]
If you go, the EU will tremble at the very least, they MAY hold, but I think it could be a stretch yet possible. We here in Aus would tremble a little
to but I think we'd hold. ( selling everything to Asia and anyone else who wants it does have benefits. ) HOWEVER, we have witnessed the same loss of
manufacture as you guys, bu we do have a strong aid your fellow convict mentality here so it will be interesting!!!!