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- 20 July 2021
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Thing is, several years' worth of consumption of goods was made during the pandemic. Now it's services/experiences and the oil price.The fall in the AUD will start to import more inflation soon.
Whether it be fuel, solar panels, crap that people get at the 2$ shop, electronic appliances, planes, trains and automobiles, all will rise due to exchange rate killers.
The alternative of course s to use another currency to trade with China, or other Aisan countries.
Just can't see that happening.
oh -ohThings are returning to normal
Depends how it deinverts.oh -oh
some have a theory that when the inversion normalizes other things unravel
i guess we will get to find out if they are correct
Which has been expected by the market.
it is in the ( alternate ) media , i readRising $US though has got to be hurting domestically.
Yes, big article in the Age from a local writer yesterday. Big concerns on a hard landing due to thisit is in the ( alternate ) media , i read
but will the natural reaction only come when the situation becomes undeniably obvious to the masses ( so far they seem to be ignoring the 'tent cities ' in most cases )
no not me
but good on you mainstream , even more reasons to just switch media ( to the alternate media world )
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