i was wrong, page-60

  1. 9,948 Posts.
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    12 months premature mrlunoon,shortly imo you will be able to say "I was right".
    Real structural cracks for the first time are starting to appear in our economy due to being globally uncompetitive combined with a declining mining sector and made worse by having arguably the most economically incompetent govt in australia's history .

    The problems were identified 2 to 10 years ago depending on the sector,but govt continued and continues to mismanage eg two years ago analysts warned of over mining over supply,but govt loved the mining revenue while mismanaging our manufacturing and services sectors as they were decimated over many years not just the 2 years.Now they want to transition.
    The greens took care of the agricultural sector with enthusiastic help from the govt.
    Technology and free trade agreements will take care of the banking sector,no wonder their quote "terrified".
    interesting times.

 
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