"So if ever there was a sell in sight it is the Aussie at 90 cents, and shares in the self-congratulatory Aussie banks" – Asia Sentinel, 12 May 2010 Since we advised hardly three weeks ago of the danger of investing in either Aussie dollars or Aussie banks, both have fallen out of bed – and look to fall further as the investment community finally seems to be waking up to the extent of Australia's debts and the vulnerability of its household sector – and hence by extension the banks.
The Lucky Country's Fuse Burns Out
The Lucky Country's Fuse Burns Out
The Lucky Country's Fuse Burns Out
"So if ever there was a sell in sight it is the Aussie at 90 cents, and shares in the self-congratulatory Aussie banks" – Asia Sentinel, 12 May 2010 Since we advised hardly three weeks ago of the danger of investing in either Aussie dollars or Aussie banks, both have fallen out of bed – and look to fall further as the investment community finally seems to be waking up to the extent of Australia's debts and the vulnerability of its household sector – and hence by extension the banks.
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