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There is also the fact that we don't "value add" We are just a...

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23/03/19

16:32

Post #: 37862835
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Originally posted by pintohoo ↑

morning,

what the real lesson is from this sort of thing is the almost complete reliance on coal and iron for Oz to survive.

It's it ballknockingly obvious that we need some developed industries and more streams of national income?

So ridiculous to have so much of our national income depending on coal, iron, gas, agriculture etc

these are third world industries

we back this up by building houses for a completely fake internal ponzy housing scheme

how about some higher tech - developed technologies etc.

and, forget the dirty manufacturing --- invent, develop, innovate - licence the hell out of things and get the royalties --- it's actually what we are good at - and, the very thing we cut the roots out from - education, research and development

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There is also the fact that we don't "value add"

We are just a hole in the ground for foreign Multi Nationals which give us a pittance for our, yours and mine, assets

Also our assets for the greater part are not renewable, once gone they are gone
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