Join Date: Jun 2010
Location: Sydney, , Australia
I migrated into Australia a couple of years ago (from Romania). Wages and pensions were reduced back there.
The idiots from government are borrowing money because they cannot pay the principal+interest on previous borrowing contracts from IMF.
Greece was in the same situation. Lucky with Germany and France who help it.
In Australia banks and funds who invested money in Asian market were OK. But usually portfolio was divided (USA, ASIA,...). For example my superannuation lost money last year.