Iron ore price, page-32560

hey mate, I think you have focussed on David too much...

The GFC however, well not really that much of a different day mate... The catalysts for the GFC were falling house prices and a rising number of borrowers unable to repay their loans. House prices in the United States peaked around mid 2006.

At present we have a world in turmoil due to Covid.. debt is heavily exposed across the globe again, any GFC is not impossible by any means... interests rates are still at all time lows due to fear of ongoing disclosures... WE are all witnessing hyperinflation due to Covid as it is... eventually the pyramid peaks, the little people at the bottom are in crisis, then the Pyramid collapses as the little people are gone that held it up, then it starts all over again..

Lets say there is some truth in it, that China has an agenda to take more of Australia, bring us to our knees, starts to get IO from other sources in years to come... without China Australia is in trouble, surely many would agree with that?... This country survives on the back of Iron Ore IMO.. China knows that...