Oz $ losing so much value to the Baht

[KhunLA]

Don't know what y'all are crying about.  As that looks like a really good 5 yr run, and y'all should hope it repeats for the next 5 years, or at least holds where it is 

 

 

Actually, the past 15 yrs has been very good for the AUD against the THB

 

[KhunHeineken]

17 hours ago, gearbox said:

Excluding covid times, the Aussie is near 5 years low against the Thai baht. A bit better against other currencies, but still downwards. Tough times coming for the holders of Pacific Peso.

 

 

When the number in the link gets big enough, and Australia / States start to lose their AAA credit rating, wait and see what happens to the AUD then. 

 

http://australiandebtclock.com.au

 

Decades of mismanagement, and no one is held accountable.  

 

A company can fire a CEO, but all that happens at election time is a change in the snouts in the trough.