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21-05-2012, 06:28 PM | #61 | |||
FF.Com.Au Hardcore
Join Date: Sep 2008
Posts: 1,112
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Quote:
whoa that is interesting whats going on in political Greece, more disturbing than interesting actually. But one thing, how on earth did you read those articles, then come on here and refer to Golden Dawn as a leftist political party? They're as hard right as you can get! Even the articles clearly state as much in the headlines. |
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21-05-2012, 06:36 PM | #62 | |||
FF.Com.Au Hardcore
Join Date: Sep 2008
Posts: 1,112
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Quote:
Did you not mean deflating the dollar? All of this new money from the US seems to be doing a great job of keeping the US$ down, and therefore exports up. Helps the US, but not so much other countries, like Australia... |
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21-05-2012, 11:14 PM | #63 | |||
Regular Member
Join Date: Feb 2007
Posts: 380
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Meanwhile we are just printing money and buying our own treasury bonds with it. We need to keep interest rates low because our national debt is something like 15 trillion dollars. Right now interest is running 2.18% but the way we run our economy it should be 6 or 7% All we pay is the interest on the debt we never pay off any of the principal and at 7% the interest would be close to a trillion a year. |
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22-05-2012, 12:01 AM | #64 | |||
FF.Com.Au Hardcore
Join Date: Sep 2008
Posts: 1,112
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Quote:
US exports up -you know, all the aussies buying up a storm on eBay! Seriously though, the US does export some things. The low dollar must help. |
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