Hear Ye! Since 1998.
Please note: This post is at least 3 years old. Links may be broken, information may be out of date, and the views expressed in the post may no longer be held.
28
Aug 98
Fri

Global Economic Meltdown

The Aussie Dollar fell to the the 55 cent mark yesterday against the US dollar. We were thinking of going over to the States at the end of this year (when the dollar was at 80c) but this has put a lid on those plans. Apparently the falls in dollars all over the world have led some economists to forecast that there will be a global depression of the same scale as the Great Depression in the 1930s occurring. Man, we’re part of history in the making if that happens. 50 years down the track and grandchildren are gonna be asking us “what was it like living in the nineties, in the Greater Depression (or whatever)?” What a thought.

This post has no comments. Add yours below.

Add a Comment

You must be logged in to post a comment.