Exchange Rates
I'm waiting for parity between our "Pacific Peso" and the greenback.
3 years ago it was US0.50c/A$. Now it's 0.72c and climbing. Visiting the 'States is quite cheap these days. pretty soon us foreigners will be able to go on a spending spree with your real estate and surviving industries...
You can't run a multi-billion dollar deficit, hold interest rates low, and expect your currency to maintain its exchange rate.
Inflation, or deflation.
Or you "could" balance the budget...
