Friday, June 10, 2016

Additional thoughts from the last two posts

Had an interesting note from a Labor friend after I had pointed out the debacle in the previous two posts.

He stated, that, no joke, this made him almost physically ill.

It can be like that when someone that is important to you; who's moral compass appears to be presented to your beliefs, later disappoints you in a big way.

Along with that, how do we pay for this big ticket items in this terrible election cycle? These people are making promises on credit.

I could not have said this any better:

"The Australian economy’s external position is worsening and the currency will fall below US50¢ once foreign investors realise the nation is spending like it is “stuck in 2006” and rates decline, a top bond fund manager argues."

Red emphasis added.

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