What I am saying is we all know the "building boom" in China (financed by the Chinese gov't more than real demand) will eventually slow and their need for Aussie copper, coal, nat. gas will diminish. We all know things are not really that great in the US, the stock market is just propped up by the hope of QE 3. Plus, as Europe falls into recession, the need for commodities will diminish. Australia's strenght was built largely on the building boom of the 2000s. I still think they have a strong economy, but they are more likely to lower interest rates than raise them over the next couple years, hence, the end of the carry trade (at least against the USD, still pretty good against the yen.)
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