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happydayz

15,771 Posts.

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05/01/25

00:31

Post #: 77273137
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Originally posted by Infose: ↑

"The next 2 years will be a decider. If Australia opens up it's mining again and doesn't let green agendas hold it back then that could be the one thing that if we do head into a recession of this kind will be a saviour. but the way we are heading now..."

I must confess that I don't understand how a dig, dig agenda in the context presented here could be the saviour. A recession is caused by a fall in aggregate demand and a green agenda would just impact upon supply.

A green agenda could have long term implications but not short-term ones. A recession is a short-term variation in economic activity. the capacity to produce is there but it is not being fully utilized. A green agenda may be against the opening of new mines or new oil wells with implications for the medium to long term.

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Yeah i agree it's all a yep, nup, hmmmm maybe, were all yeah dogs. don't know. too many cooks spoil the soup.
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