PPRuNe Forums - View Single Post - Future of Qantas in jeopardy: Joyce (Merged)
Old 28th May 2011, 11:23
  #73 (permalink)  
Chimbu chuckles

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Breakfastburrito when you purchase goods and services how many of those companies buy stuff from you?

You must, like all of us, have a HUGE trade imbalance with your local petrol station for starters - is that a problem for you?

The west buying cheap stuff from the east is not the problem. The problem is that we have used credit to do so.

The main underlying problem is that our politicians have inflated our currencies to the point of being near worthless - and believe me the ONLY people who create inflation are politicians - at 'our' behest which is the truly sad part. The REAL disparity between the west and east is inflation - we have had HUGE inflation and they have had little.

When politicians rant about trade imbalances they are miss directing your attention like a magician does. While you're watching their left hand they are fisting you with their right.

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