It means you need to not be a myopic absolute thinking simpleton. If you pour water out of a vessel while simultaneously pouring some water in the fact that at any given point in time, say a financial year, the vessel isn't empty doesn't mean that it's not starting to lose water and become empty. It means Howard and Costello decided the best way to use a rare commodity led rise in national income was to transmute it through banks and lever up through offshore borrowing the price of land creating a systemic risk for the country and create hyperinflation in a key input cost in job creation making Australia uncompetitive.
- Forums
- Political Debate
- Abbot.......
Abbot......., page-14
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place