Hi Thorburn and all,
I agree we do face enormous problems in the future in this regard I am also sceptical of the USA real employment numbers I think their numbers are about as believable as the Chinese static numbers.
“Along with GDP, no other Chinese economic figure is viewed as suspiciously as the official unemployment rate, which hasn't moved from 4% in years despite stock market upheavals, real estate boomlets and busts, and a dramatically slowing economy.”
http://fortune.com/2016/06/06/china-unemployment-rate/
Still our Australian government can continue to ignore the elephant!
By the way I am now once again ensconced in south-bank if you are ever over this way and fancy a beer give me a call.
Cheers and very best regards: Andy
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