Then please explain why the troika refused Greece's suggestion that they cut down on defence spending as a measure of austerity? I read this here on FF. I know the drill here mate. In AU they instituted a GST/VAT tax of 10% in 2000 after Americans ...

Why Germany won't be in charge of Europe forever

I’ve said it before. TAXATION = THEFT, pure and simple. The govt. can find better ways to raise cash and that’s a fact. Land tax/council rates means you don’t even own property as it stands. Don’t pay these and see who owns your property. You’re ...

How to end boom and bust: make cash illegal

Agreed. Years ago I watched a MSM TV program about how a computer error in some Swiss bank’s system destroyed/stole/whatever $20 billion. That bank had to go borrow the money from, I think, the Swiss Central Bank to cover this disappearance. I think ...

How to end boom and bust: make cash illegal

Are they paying Greece or the banksters who loaned to Greece? That's where all the money goes - it's a bank bailout taking money from the EU as well as the Greek taxpayer to pay off the banks who made shoddy loans to Greece, sorry, to Greek ...

Greek FinMin Varoufakis: Creditors, Greece Agree On Most Issues – BBG

Yes, the guidelines of incompetent unelected bureaucrats in Brussels telling the rest what to do. The euro was a bad idea, letting France and Germany control it was a bad idea, letting France and Germany tell Greece how to run their country to get ...

Greek FinMin Varoufakis: Creditors, Greece Agree On Most Issues – BBG

Thanks to that guest poster whoever they are but I don't really make trade calls as such, I just post more on the news than anything which I suppose can be deemed a call. As for the AUDUSD, it seems the Daily chart has well and truly crossed the ...

AUD/USD – Surges to Three Month High Above 0.81

So no onerous defence budgets for them huh? Yeah, I get it. I bet Greece has an onerous defence budget due to the threat from Islamic Turkey? Right? In fact didn't the troika refuse to accept the Greek's idea of reducing their defence budget? A ...

Why Germany won't be in charge of Europe forever

I love it! The trading competition out there is so ill-informed that one can't help taking advantage of them and increasing that bank balance.

Why Germany won't be in charge of Europe forever

For what it's worth, today's news from the AU press. I don't think the RBA can jawbone the AUD anymore. It's not AU's fault most the rest of the world is in decline. They've jawboned it dramatically from 1.10 anyway. url Much of the strengthening ...

AUD/USD – Surges to Three Month High Above 0.81

That bloke is a war criminal. As for political clout - it's more than that. Think! We can go on about nasty Germans / Greeks / Americans / Italians / Brits etc. on these forums. Anyway, as to who leads Europe, it really should be a large country ...

Why Germany won't be in charge of Europe forever

As a citizen of an immigrant nation, AU, I am opposed to incompatible immigration into Europeanised countries. It will only end in misery for the host nations. Already AU has put aside $1.2 billion for combatting terrorism in AU. I could save you ...

Why Germany won't be in charge of Europe forever

Sadly, I won't argue with you on this point, but who directs these people to the UK? Who decrees that we take them in with benefits on top? Who instigated the laws which imprison us if we we dare speak out against them even though they commit many ...

Why Germany won't be in charge of Europe forever

Yeah, with other people's money. Like the Marshall Plan, stolen Jewish gold, jewelry and cash secreted in Swiss banks. Oh yeah let's not forget the Greek's gold and the forced Greek loan to Germany still unpaid to this day. I'd rather Greece than ...

Why Germany won't be in charge of Europe forever

They admit their culpability openly and they have no shame in doing so. How many other nations have they destroyed with their incompetence? It's staggering to contemplate. "A few years ago the IMF admitted that it under-estimated the fiscal ...

IMF Plays with Matches, Greece gets Burned

I beg to differ. Just read the summary below from url and tell me it's not good for the economy and therefore the AUD. — The 2015 budget deficit is $35.1 billion (below market expectation of around $41 billion) dropping to $25.8 billion in 2016, ...

Australia Federal Budget

Here we go. Property bubble here we come. We'll see where this ends. The AUD seems to be going up so anyone's guess is as good as mine.

Australia Housing Finance

This is what I and others have been saying for a while now - the unelected EU official's policy has destroyed Greece's economy and therefore ability to pay. If you destroy any entity's ability to pay by over 25%, then you are culpable and culpable ...

How IMF and ECB have the power to decide the fate of Greece

I think it will go to 1.00 before 0.60, but you never know your luck on a crazy psycho planet.

Australia Labour Force

I am an AU citizen and I tend to disagree. For starters we are not just about mining and even so mining is not dead just slowed down. Property is on the rise, dangerously so, and it is boosted by overseas investors who aren't going away anytime ...

Australia Labour Force