depression? it will be more than that....xjo at 1000 means majority of small/mid mining companies go broke there will be high unemployment rate, further gov deficit, collapse of real estate market...etc etc
Can you imagine we'll only have three io companies rio/bhp/fmg next year orwe'll only have less than five energy companies next year org/sto/wpl/bpt(after merger)/??? ; I cant...
On the other hand, I dont think oz economy can survive by shipping more milk power to China...biz like this will hit the cliff sooner or later.
Leaders, what they've been doing?
depression? it will be more than that....xjo at 1000 means...
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Last
7,753.7 |
Change
26.900(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,726.8 | 7,784.8 | 7,726.8 |
| XJO (ASX) Chart |