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Australian dollar death watch

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Going under 20 by the end of the year...

 

 

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4 minutes ago, mogandave said:

They need to raise taxes on the rich

Nah, the rich don't have to pay tax

On 3/4/2025 at 10:14 AM, mogandave said:

They need to raise taxes on the rich

These seem like stiff tax rates. 

 

 

Screenshot 2025-03-06 at 7.28.51 PM.png

12 hours ago, TedG said:

These seem like stiff tax rates. 

 

 

Screenshot 2025-03-06 at 7.28.51 PM.png

Not high enough. They should make it 60% across the board. Why are they all so greedy?

8 hours ago, mogandave said:

Not high enough. They should make it 60% across the board. Why are they all so greedy?

Taking 60% is greedy. 

20.80 I changed today $100 is 2080 baht 

$50 is now 1000 baht 

 

Im sick of this and write to the Strata committee of my apartment building I'm sick of all the expenses 

You work hard for this !!!

A lot drama for only 10% down for the year.  Actually up 8.4% from 5 yrs ago

 

image.png.d09883ebc53ea48fc6994e2aa386c2bf.png

 

5 yrs ago ...

image.png.915ee64d6923970a75b081bb57968c70.png

 

16.5 yrs ago ...

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Is it really that bad in Australia?

On 3/15/2025 at 4:08 AM, Mike_Hunt said:

Is it really that bad in Australia?

We live off exports of raw mining minerals etc, world is in a kind of recession so who's building anything, add when the US is going well money floods there making our $ drop, maybe as Trump turns the US into a rust belt it will help the AU$.

On 3/14/2025 at 1:06 AM, georgegeorgia said:

20.80 I changed today $100 is 2080 baht 

$50 is now 1000 baht 

 

Im sick of this and write to the Strata committee of my apartment building I'm sick of all the expenses 

You work hard for this !!!

Life is not fair. What makes you think nothing will change?

On 3/22/2025 at 6:00 PM, AlexRRR said:

We live off exports of raw mining minerals etc, world is in a kind of recession so who's building anything, add when the US is going well money floods there making our $ drop, maybe as Trump turns the US into a rust belt it will help the AU$.

Behind the times?

The US has been a rust belt for a long time now.

While it isn’t good for poor Aussies living in Thailand on welfare it is desirable to have a weak currency.

China manipulates its currency down and Trump wants to do the same for the USA.

Socially those Aussies are a bit backward, but they are on the ball financially speaking.

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