Aussie Dollar to hit 47 cents.

[TheDirtyDigger]

http://money.ninemsn.com.au/article.aspx?id=671349

[Trailer Park Ninja]

Well this pretty much wipes out any future purchases from Robot Kingdom and the like for the foreseeable future.

[Wheel-J]

I've read this article yesterday and there's one part of the news there I couldn't yet comprehend for whatever basis.

"There's going to be a fairly prolonged period of balance sheet consolidation with households: you're going to get a situation, even though credit is cheaper, people won't use extra income to spend," he said.

[MV75]

Yea, they'll be paying bills instead.

Oh yea, take it with a grain of salt too. A french bank isn't the most worthy authority on our economy, nor that of Asias growth and demand for our resources.

[k.wong23]

But the French are idiots?

[roller]

oooooooooooooohhhhh ahhhhh

just tighten your belts

geez

[Hereticpoo]

Yeah, they'll be paying bills instead.

Oh yea, take it with a grain of salt too. A french bank isn't the most worthy authority on our economy, nor that of Asias growth and demand for our resources.

I totally agree. Our Asian neighbours still want our resources. In a way this 'financial crisis' has been postive for my household. I have more money from the home loans, and retail prices are finally coming down overall. The retail prices here in Australia were WAY to high. IF I ever see the day when Collectoybles and Transfigure are cheaper than Robotkingdom, I'll buy from them.....however I won't hold my breath.

P.S. If you want to laugh at some incredible insane prices for TF's....

www.hobbymadness.com.au

INsane!

[GoktimusPrime]

クソ ("fecal excrement")

[jaydisc]

P.S. If you want to laugh at some incredible insane prices for TF's....

www.hobbymadness.com.au

INsane!

$25 for a deluxe, $45 for a voyager. What's so insane?

[griffin]

I've read this article yesterday and there's one part of the news there I couldn't yet comprehend for whatever basis.

"There's going to be a fairly prolonged period of balance sheet consolidation with households: you're going to get a situation, even though credit is cheaper, people won't use extra income to spend," he said.

It'd mean that people will put more money into savings accounts, or repay their debts, rather than spend the extra money their cheaper mortgage repayments leaves them. It'd be more of a fear responce, thinking that things could get worse, and they need to save for a 'rainier' day.