PPRuNe Forums - View Single Post - Merged: Is the worst of the Global Financial Crisis behind us?
Old 12th Sep 2009, 10:12
  #171 (permalink)  
ferris
 
Join Date: Apr 2001
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I've stated that I am in the "chuck camp", but the economy in Australia does seem to be holding up. Does anyone else have examples of increased mortgagee auctions, and the like? Everyone I talk to has a totally different story.

Also, what do currency watchers think? The normal soothsayers (economists, commentators etc.) seem to have had no idea over the last 12 months. I set up a hedge fund because I work overseas and thought the USD had to tank, given the amount of money they were/are printing. Yet even the RBA seemed to think that .84 was the top. Does have me worried (and detracting from my desire to continue earning USD!).
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