aussie economy worse off than usa?, page-44

  1. 2,572 Posts.
    re: current account deficit??? does it matter G'day Grant
    Accurate observations & while systems reform & infrastructure investment are a gimme I don't think that anyone can deny that global investment is squarely directed at the lowest cost centres, with labour being the bullseye.
    So unless we, as a people, want to work for 3rd world country rates, all the reforms in the world aren't going to make us the flavour of the month for international production investment.

    As for what happened with IBM in Vic. . . India !
 
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