I think you're a very foolish person, if China is screwed Australia will become the butt hole of the world. We're heavily reliant on them for many things.
China will never fall first, you want to know why?
Because they have cheap labour and get things done, they basically have little to no red tape to worry about. They'll turn things around quicker than any western world nation, Australia will still be here putting up caution tape around the site with 5 spotters standing there on a 100K a year watching one person work, while China gets in and gets the job done.
Iron ore price, page-54622
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| FMG (ASX) Chart |