OZL oz minerals limited

boom over southern cross, page-13

  1. 2,012 Posts.
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    We went down because inflation was expected to be higher in China, and the boom was therefore definitely over. Now we know that inflation is actually lower in China, that's probably because growth is heading lower. Yep, so that proves the boom's definitely over!!! And if it turns out growth is higher than forecast, that will mean the economy is definitely over-heating. So yep, see - the boom will still definitely be over!! And if it doesn't actually over-heat, it's probably only because productivity has peaked. So yep, there you go - a sure signal (almost proof in fact) that the boom's definitely over!!

    And a year from now, when all figures show that, in fact, China is actually accelerating the most amazing and rapid period of industrialisation and urbanisation in the history of mankind, we'll say - "Remember when the hedge funds sold copper short in August last year because they thought China was finished? Remember OZ was sub-$1.70???"
 
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