Why Australian & New Zealand banks fear Euro AND US debt..flv
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huh ?! - that didn't explain shit about Australian banks ...
the title of this vid. is all wrong :(
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It explains everything, it is just because you are so ill informed that you don't grasp the basics of world economics. Do you not realize that Australian banks are all heavily indebted to the US, that the Australian government has Billions of US dollars in reserve currency??? the dominoes effect will be huge. The monetary policy of Australian banks are not as rock solid as people believe it to be.
botanyfamily 2 months ago