New Posts For Thread: The coming Aussie Ression will send you broke.https://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-brokeIts over guys, the good times for Aust are finished. A few weeks back Iron ore prices dropped for the first time in 3 years. Now a chinese official has come out and stated on behalf of the govt that a world wide recession is upon us. Add into this tCan the author of this ridiculous thread please explain what a Ression is?https://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=523101791#523101791Can the author of this ridiculous thread please explain what a Ression is?Thu, 16 Aug 2012 21:48:31 -0500Oh and lets not forget the other marker that was chosen, retail figures:(Seasonally adjusted)November 2011 Retail turnover (in millions): 21000June 2012..................................: 21600https://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=523100865#523100865Oh and lets not forget the other marker that was chosen, retail figures:(Seasonally adjusted)November 2011 Retail turnover (in millions): 21000June 2012..................................: 21600Thu, 16 Aug 2012 21:11:13 -0500Get your travel in.The aussie dollars will be below 90 cents soon and may go to 60 cents ultimatly. This recession will be savage because the much of the world will have an even worse time of it than us. Politicians- far from providing solutions whttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=523100615#523100615Get your travel in.The aussie dollars will be below 90 cents soon and may go to 60 cents ultimatly. This recession will be savage because the much of the world will have an even worse time of it than us. Politicians- far from providing solutions wThu, 16 Aug 2012 20:59:19 -0500excellent points BAS.the mining tax is poorly contructed and predicated on a never ending boom at maximum prices.Wayne swann will now deliver a deficit, just a question of how big.Implications for the broader economy are much more serious.https://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=522453927#522453927excellent points BAS.the mining tax is poorly contructed and predicated on a never ending boom at maximum prices.Wayne swann will now deliver a deficit, just a question of how big.Implications for the broader economy are much more serious.Tue, 31 Jul 2012 02:48:23 -0500crikey ... has he spoken to our julia yet ?Resources Minister Martin Ferguson "We're not going to see iron ore at $US180-$US190 a tonne, we're not going to see thermal coal at about $US170 (a tonne), coking coal at about $US320 a tonne any more."Thehttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=522453757#522453757crikey ... has he spoken to our julia yet ?Resources Minister Martin Ferguson "We're not going to see iron ore at $US180-$US190 a tonne, we're not going to see thermal coal at about $US170 (a tonne), coking coal at about $US320 a tonne any more."TheTue, 31 Jul 2012 02:28:03 -0500All the doomsday people, You should travel more, get overseas, see how lucky we are in this great country.Open your eyes & stop plying the party line like doped up robots. The only problem we have in this country are people that eat propoganda & medhttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=522453637#522453637All the doomsday people, You should travel more, get overseas, see how lucky we are in this great country.Open your eyes & stop plying the party line like doped up robots. The only problem we have in this country are people that eat propoganda & medTue, 31 Jul 2012 02:13:24 -0500errrrrrrrrrrrrrr did I tell you or did I tell youmy detrators have egg all over their faces whilst they tAKE A LARGE SERVE OF humble pie. the socialist ****s here are all over me all the time, but yet, once again- I triumph.Commodities price boom ihttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=522453433#522453433errrrrrrrrrrrrrr did I tell you or did I tell youmy detrators have egg all over their faces whilst they tAKE A LARGE SERVE OF humble pie. the socialist ****s here are all over me all the time, but yet, once again- I triumph.Commodities price boom iTue, 31 Jul 2012 01:48:09 -0500the recession bites further into aussies wealth. Jobs lost, houses continue to fallProperty prices roll back to 2002 and may fall furtherYahoo!7 Finance – 3 hours agoEmail2PrintAustralia’s property market is becoming more and more affordable, sahttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=522244979#522244979the recession bites further into aussies wealth. Jobs lost, houses continue to fallProperty prices roll back to 2002 and may fall furtherYahoo!7 Finance – 3 hours agoEmail2PrintAustralia’s property market is becoming more and more affordable, saTue, 24 Jul 2012 23:12:18 -0500Australian jobs lose 33,500. News claims it as a "surprise".What is the surprise it that in preceding months jobs were added.Our non mining economy is contracting badly.Mining is making a great effort to support a sinking ship.When you consider thahttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=521786995#521786995Australian jobs lose 33,500. News claims it as a "surprise".What is the surprise it that in preceding months jobs were added.Our non mining economy is contracting badly.Mining is making a great effort to support a sinking ship.When you consider thaWed, 11 Jul 2012 21:33:57 -0500also thisAustralia is headed for the “mother of all hard landings,” according to Société Générale strategist Albert Edwards, who says the country’s “credit bubble” could burst if China’s economy suffers a sharp slowdownfull article hhttps://community.betfair.com/australian/go/thread/view/93998/28706695/the-coming-aussie-ression-will-send-you-broke?post_id=521758711#521758711also thisAustralia is headed for the “mother of all hard landings,” according to Société Générale strategist Albert Edwards, who says the country’s “credit bubble” could burst if China’s economy suffers a sharp slowdownfull article hWed, 11 Jul 2012 03:37:50 -0500