Mugabetown - Whoretownin' At It's Worst.

[RandomHero83]

This will likely have a knock on effect on our economy...maybe it will be good...maybe it will be bad.

[TREGTR]

Hopefully not before a few good parts can be shipped out

[Matty95]

I'm not understanding, can someone please explain to me?

[TREGTR]

Essentially US economy destabilised. Aus dollar goes up against US dollar, but our economy will suffer a knock on effect.

[Matty95]

So it's a good thing for us? Or no

[t5iv]

So it's a good thing for us? Or no

Most likely not but still early stages.

[Matty95]

So at the moment we are taking one step forward 2 steps back or too early to tell?

[Captain Natro]

FUARKEN massive storm here atm

[t5iv]

FUARKEN massive storm here atm

moving east?

[t5iv]

So at the moment we are taking one step forward 2 steps back or too early to tell?

Too early to call.

[TREGTR]

So at the moment we are taking one step forward 2 steps back or too early to tell?

Very Short term ok - long term less clear. The F35 situation is a good example of possible long term consequences.

[Captain Natro]

moving east?

Apparently but doubt it'll go that far, not a lot of rain just a f**k load of wind

[TREGTR]

Was really windy down here earlier too.

[Beelzebub89]

Very difficult situation over there. The one that will affect us more is the decision in mid October about the US debt ceiling.

The last time they f**ked around with that they had their credit rating downgraded which has serious knock on affects. Cant imagine the chaos if the US actually defaulted on its loans lol.

In terms of AUD going up against the USD bearing in mind the economy is being propped up by the resource sector the stronger the AUD is the worse it is for us in the big picture. Anything going badly over there is going to reflect the same on us.

[TREGTR]

Very difficult situation over there. The one that will affect us more is the decision in mid October about the US debt ceiling. The last time they f**ked around with that they had their credit rating downgraded which has serious knock on affects. Cant imagine the chaos if the US actually defaulted on its loans lol.In terms of AUD going up against the USD bearing in mind the economy is being propped up by the resource sector the stronger the AUD is the worse it is for us in the big picture. Anything going badly over there is going to reflect the same on us.

Qft

I'm ordering from Summit Racing tomorrow

[Matty95]

I'm off night all

[Ants]

Very difficult situation over there. The one that will affect us more is the decision in mid October about the US debt ceiling.

The last time they f**ked around with that they had their credit rating downgraded which has serious knock on affects. Cant imagine the chaos if the US actually defaulted on its loans lol.

In terms of AUD going up against the USD bearing in mind the economy is being propped up by the resource sector the stronger the AUD is the worse it is for us in the big picture. Anything going badly over there is going to reflect the same on us.

it wont last.

Is just a short term and Im confident they will seek bridging finance in between to reopen the Government operations

will have an impact on markets worldwide that's completely natural reaction.

should not have any significant impacts on majority of the Australian public (unless you solely invested in US dollars)

I do feel for the public servants that will not be paid though for that period - again will just be a time lag

[cowdy]

I'm off night all

Tierd fag is tierd

Gonna come to the monthly meet tomorrow?

[Ants]

Apparently but doubt it'll go that far, not a lot of rain just a f**k load of wind

very windy over here too. but no storm. although I can see via the radar some rain on its way

[Matty95]

Tierd fag is tierd

Gonna come to the monthly meet tomorrow?

probably not man text me tomorrow and I'll see how I'm feeling, this cold is f**king gay