The Reserve Bank of Australia is caught between a rock and a hard place... If it does not raise the interest rates on Wednesday by whatever percent, the Bank will be seen as politically motivated... if it raises the interest rates it will be annoying a lot of people. According to its criteria, the bank has no choice but to raise the rates. In fact if the people of the Bank looks a bit further like at the month of October, just finished, they would have noticed people spending money as if credit was water, they would have noticed prices rising as if inflation was hitting double digits and election promises that would bring tears to the eyes of the most serious sadistic budgetor...

See what happens...

As the Aussie dollar fills the pockets of traders till the cows come home, the tourism industry is taking a battering as more "tourists" fly overseas than coming in... What's won on the merry-go-round, etc... Meanwhile less and less is manufactured... more holes in the ground are exported, so cheap they dig a trade deficit the size of China...

kick Howard out.