PDA

View Full Version : Collapseability of Australian, Canadian and NZ sharemarkets ... your views.



billstew
03-08-09, 01:41 AM
Collapseability of Australian, Canadian and NZ sharemarkets ... your views.

Although these markets are seemingly not tied to the US sharmarket, there are other global economic connections that do exist


the totally unfortunate USD as a primary reserve currency
the collapse of consumption in China and India, as well as Western Europe due to the global finsec crisis -- all heavily caused by the US finance system
the increase of money flight due to the above problems
the US trying to monopolize all global money laundering to its banking and finance system
etc ... there are 1000 things I have not considered.


So what are your views on these sharemarkets fragility?

marvenger
03-08-09, 04:05 AM
not being able to repay foreign loans in own currency is the major problem.

so a very fragile situation, only hope is that we have relatively low populations to resources available, New Zealand not as strong in this regard so even deeper in shit.

Instead becoming debt serfs of the empire of the USA we'll probably start to become slave wage earners to the people's republic of China once we've sold off most of our resources to pay back debts.

Aussie
03-10-09, 05:34 AM
The NZ share market is so small . . . it is completely insignificant.