Dont know what the fuss is all about.
I wish I had borrowed $US 1M back a while ago when the $A was worth about 50c US.
Interest rates here have been between 6 & 7% every place. I have had $A 200K in my Biz account for the last couple of years at 7%.
$US 1M brought over here Would have started at $A2 M, earned $A 150K per year interest & now could transfer 1/2 it back as the exchange rate is now $US 1.02 = $A1. About a $US1.05 M profit allowing for interest charges. Easy money!!
Exchange rates fluctuate all the time.
You cant blame your banks for not lending in the USA when they can double their money other places.

__________________
Grumpy Old Diesel Owners Club group

I no longer question authority, I annoy authority. More effect, less effort....

1967 230-6 auto parts car. rust bucket.
1980 300D now parts car 800k miles
1984 300D 500k miles
1987 250td 160k miles English import
2001 jeep turbo diesel 130k miles
1998 jeep tdi ~ followed me home. Needs a turbo.
1968 Ford F750 truck. 6-354 diesel conversion.
Other toys ~J.D.,Cat & GM ~ mainly earth moving