Thread: 1 aud= 99.6 usd
View Single Post
  #9 (permalink)  
Old 10-14-2010, 04:35 AM
Jethrow's Avatar
Jethrow Jethrow is offline
CC Member
Visit my Photo Gallery

 
Join Date: Jul 2010
Location: Perth, WA
Cobra Make, Engine: FFR Mk4 Roadster, LS3, TR6060, 8 3/4"
Posts: 432
Not Ranked     
Default

I think the only caveat on all this is that when (if?) the yanks realise the sh!t is hitting the proverbial, they can tend to withdraw from their overseas investments, cash out, and run home. And this can actually create high demand for the greenback, which in turn drives its value back up.

Tho what the exact fallout is for the rest of us, I cannot say. I do think its worth taking advantage now while we can without speculating too much on where the dollar is headed.
Reply With Quote