Aussie superannuation going over to help Donald Trump

[Outback]

It will be used for Trumps infrastructure plans in the good old USA .
Can you believe that ?

http://www.smh.com.au/business/the-...ion-nudge-from-australia-20180221-h0wghz.html

 

[aussiefarmer]

I dont like the sound of it , but i didnt read it because it would spoil my day .
I think i would rather we befriended kim juan rocketman :lol:

Trump doesnt look healthy at the moment.

 

[malri_au]

wtf is this?

dirtier than dirty.

makes ya kinda angry right?

 

[HippyProspecting]

Wouldnt the profit come back to stralya after they privatize American infrastructure with our super fund though?

 

[Outback]

Wouldnt the profit come back to stralya after they privatize American infrastructure with our super fund though?

Fair question , but the US is so far in debt there must be another agenda involved !

 

[HippyProspecting]

I wouldnt put it past the mericans to have a hidden agenda but if they dont and just want to deminish that debt, it could make a ton of cash that flows out of the U.S.A instead of staying there.

 

[Outback]

I wouldnt put it past the mericans to have a hidden agenda but if they dont, it could make a ton cash that flows out of the us instead of staying there.

The hidden fine print would be mutual , problem is the money is / was our super .
These sort of deals makes me dread our financial future in Australia .

With the bail-in laws passed on the 14th of this month both sides of politics know the crash is coming soon !

 

[HippyProspecting]

Fair point

 

[Swinging & digging]

There is nothing wrong with it.
It is very common for Super funds to invest in overseas assets and infrastructure is a good area to invest.
Diversification is the reason fund managers invest in a broad range of assets.

Most peoples opinion on Trump and the US economy are influenced by the media and they are often spreading fake news.

Rocket man wants to send nuclear war heads to our shores.

 

[Outback]

There is nothing wrong with it.
It is very common for Super funds to invest in overseas assets and infrastructure is a good area to invest.
Diversification is the reason fund managers invest in a broad range of assets.

Most peoples opinion on Trump and the US economy are influenced by the media and they are often spreading fake news.

Rocket man wants to send nuclear war heads to our shores.

What I can't get my head around is the US dept level keeps going up billions per week yet we are going to send them a big hunk of our super !
You think that's OK ?
I'm not bagging your opinion ' just pissed off that our super money is being invested where it could never return . :N:

 

[pete165]

All I can say is I hope the yanks send us back the profits. Not likely though. I too think there must be a hidden agenda there.

 

[Magilla]

The US doesn't need our money, they just need to redirect some of the trillions they are spending on their crusades in the Middle East.