Tag: economic

KRudd Nearly Halves Australian Dollar in Record Time

It might have a lot to do with global financial events, but the value of the Australian dollar has dropped from US98c several months ago to US64c http://finance.yahoo.com/currency/convert?from=AUD&to=USD&amt=1&t=2y, and it’s all in line with my own predictions if Labor was to win the last election. And it did.

Now, I didn’t and don’t like Prime Ministers Howard or KRudd (Kevin Rudd) – Liberal or Labor. Nor did I vote for either of them. I believe that neither is good for this country, but Labor’s policies make them the worst of the pair.

Policies:
– Labor’s policy is to drop …