Is Australia truly the next in line?

U.S.A. Europe and now what? Who is going to be the next prey of the wolf-crisis?

Everybody is speculating that China will soon take the stick and hit everybody standing in its way. Even Barack Obama “welcomed” Beijing's rise in the world and asked for a closer cooperation between the two nations, for the world welfare.

Unbeatable prices helped the domination of world markets although the quality of Chinese products got worse than Angela Mercel herself.

On the other hand,the downfall of Europe will be a major hit in China’s economy. If the Europeans fail to continue their strong economic relations with the smiling people (their teeth are more than appropriate for a Colgate advertisement) the ex Olympic Games hostess will be at dead end.

So now we reach Australia. Alan Kohler in his article “Debt doldrums: what a miserable bunch we are” sketched a nation ready to explode. And that didn’t find me opposite. The sense that I got today during my transactions in the market is of an innocent man ready to be punished but without knowing why.

Rumours also has it, that what started with Toyota, Anz, and today Qantas will not stop until the most wealthy Australian loses his last penny.

So far so good, but burning down the most liveable continent in the world  without a serious reason isn't a bit awkward? I agree that the signs are not immaculate but are the cracks enough to break the whole glass?

From my point of view crisis it invades first in  the psychology and then in the pockets of a nation. And I know how I felt living in Greece the last years.  Although we were seeing ominous black clouds  we just raised some umbrellas and we never asked for  sun. 

That’s what the Australians are doing right now.

So, will we be careful or will we fall in the whole without anybody pushing us?