Parity with US dollar.... is it time to celebrate for an australian? Some financial experts consider this a historic moment and urges the average australian to live it to the full. For a commoner it sounds good at the outset as a strong aussie dollar means we are well off than before. Its a good time for overseas travel and better still if you are catching the flight to USA, best of times to go on an online spending spree and well a good time for a migrant to send money overseas. Experts say the reasons to smile ends there while reasons to press the panic button are numerous. 'Competitive devaluation' thats a sample of the financial terms thats being thrown around in the media to explain the current scenario. In short one thing is clear the fall of US dollar is a staged one with US authorities using artificial means to alter the playing field that's world market. Either way I am gonna celebrate the moment as I fall into the category of middle class working group. I ...
having a bloody ball in ozee...