it may be worth a read...to find out how one country can be so reliant on another....then it all falls down..
here is a choice for you to read/research...
since I have heard no mention from any one here...who should have factored this into their research...
on the economy as a whole...
rather than picking and selecting certain sections
our reliance on china to keep buying our resources...is all most of you have, in the talk about rising interest rates, low unemployment and the good life...
and swans impending budget due out this week
note there is almost zilch built into our economy, roads rails bridges hospitals for the future...
it is all based on selling some stuff to china...
and china can and is buying the same stuff in africa brazil etc..
http://www.google.com.au/search?q=summary+of+the+asian+crisis+of+97+and+98&rls=com.microsoft:en-au:IE-SearchBox&ie=UTF-8&oe=UTF-8&sourceid=ie7&rlz=1I7ADBF_en-GB&redir_esc=&ei=qjfGTeP7NYfcvwPcx_mWAQ
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- revisit the asian crisis of 97/98
revisit the asian crisis of 97/98
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