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67.5¢ talga group ltd

Yes. The great Hayak/Freedman free market fundamentalist dream...

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BarrelSitter

6,614 Posts.

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02/06/21

10:17

Post #: 53584500
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Originally posted by ufo221163: ↑

It goes back even further. John Button who introduced the "Button Plan" to remove protection of import tariffs, and quotas or quantitative restrictions on imports. These measures weresupposed to be used to support local assembly of thirteen models by a range of manufacturers.
It failed miserably
Rather than share locally assembled models with other manufacturers, Holden, Ford and Toyota decided to import fully built-up models from subsidiaries elsewhere in the world, mainly Europe and Japan.
So the slow demise of the local car industry began.
Protection tariffs and subsidies are nothing new its just they don't work in an uneven playing field.
Australia ended up playing a game of football without a goal keeper
Just look at what China, the EU and now the States are doing now to protect their own industries.
China wont think twice to cut us off at the drop of a hat.
The only reason they talk to us now because our Iron ore and Lithium

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Yes. The great Hayak/Freedman free market fundamentalist dream of the 80's was just a very destructive hallucinationary nightmare for many economies.

TLG Price at posting: $1.64 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 67.5¢		Change 0.000(0.00%)		Mkt cap ! $256.3M

Open	High	Low	Value	Volume
68.5¢	68.5¢	67.5¢	$30.61K	45.15K

Buyers (Bids)

No.	Vol.	Price($)
3	2198	67.5¢

Sellers (Offers)

Price($)	Vol.	No.
68.0¢	3017	5

View Market Depth

No.	Vol.	Price($)
2	1524	0.675
7	13246	0.670
5	8944	0.665
2	5550	0.660
3	8853	0.655

Price($)	Vol.	No.
0.680	2745	3
0.685	7032	6
0.690	18380	2
0.695	648	1
0.700	6771	1

Last trade - 10.59am 13/05/2024 (20 minute delay)


Last 67.5¢			Change 0.000 ( 0.27 %)
Open	High		Low	Volume
68.0¢	68.5¢		67.5¢	35748
Last updated 11.15am 13/05/2024 ?

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