The World Economy


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Oct 8, 2005
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Melbourne, VICTORIA - AUSTRALIA
The US economy as a whole, especially how S&P just downgraded the U.S. debt rating has caused so much turmoil here with the Australian economy.


I mean, in less than 2 weeks the Aussie dollar has gone from a record high of 1.10 to an almost (back to) parity of 1.01 against the greenback. :(
 
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well this is good news, i thought we were only fucking ourselves over
 
No, it's bad news, it means moving to other countries to find work isn't a good idea. :(
 
Yep. The US and EU are pretty much broke, and Africa could help itself from starving.


Washington is probably likely stick its head in its ass on the economy until next presidential election. No surprise there.
 
Australian share market rercovered today to finish in the green for the first time in a while might have to move all my investments to precious metals this up down stuff is to much of a stress
 
If it makes you guys feel any better, Canada is still doing pretty well.
 
its getting harder and harder to laugh at canada and australia these days....
 
If I do, I might accidentally sell your Gamecube collection behind your back. At least it won't go to drugs, though. ;)
 
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