The forex market gave up a very interesting signal last night. The US dollar was strong and EUR weak in a continuation of the recent trend. Saliently, the Australian dollar was the standout weak currency, falling directly to Scott Morrison’s IQ of 75, a measure indicating either very low intelligence or borderline Neanderthal intelligence depending upon which scale you wish to use:
Scott Morrison’s governing IQ of 75
As 12 million Australians are locked down after 18 months of fantastical blundering by the Morrison Government in failing to centralise quarantine and get its hands on a decent vaccine, it’s a wonder the Pacific peso is still above 50.
