reflection - where are we at?

I think it's time we looked at where we are economically!;

A posting on hot copper @ "AGO" prompted me:
"steel prices... flying" -
IMO - this indicates improving world economy?

Then consider:
Longest period in modern times for the XAO to rebound above previous high - refer Alan Kohler - ABC 21 News this week. Still more than 1400 points to go!

China growth compounding at consider rate, do your own calc's & compound 7% every year for 10 years to gauge what this must be doing for their imports!

Liberals in Govt.,- yet to see what there measured approach will bring to the economy, although directing funds to infrastructure spend, opening up Free trade, job creation trends, tighter fiscal policy (not keen on heavy austerity measures) which may result from a tight budget?

I'm sure I've heard - GST revenue trending up & exceeding expectations!

Multiple gas export trains coming to fruition in near future, not sure what this will do to the Aud$, certainly expecting Aust. to benefit!

So what is the basis for negativity?, haven't we already lived through this?