It is slowly starting to get bumpy. There is no end in sight for the high Aussie Dollar and I think it was about time somebody mentioned the huge deficit instead of just pointing the finger at consumer sentiments and how good we are at spending cash. Account Deficit and Foreign Debts are worse than in the US. The only thing that kept us going is now suffering under a "bad" exchange rate. Just wait until Christmas is over. There will be a massive spending spree and after that reality will start to hit.
Am I too negative? What would be the way out of this?