I like the Dylan Ratigan clip, spot on !
Maybe someone here can explain why ANZ bank in Hong Kong is lending money in AUD @ a full 1% less than ANZ in Australia, and lending money in HKD at just over 2%. Yep, if you want to live in lovely HK, your monthly mortgage payment will be in the vicinity of 80% principal and 20% interest, I 5hit you not.
( I'm sure there is a logical, financial double speak, gobble de gook BS answer, but I don't buy it )
We are being royally screwed
