Australia-China Relationship Shot To Pieces!
21st Sept 2021: Australia-China Relationship Is Dead! Kaput!
Here's my views: All thanks to Aussie PM Scott Morrison who has single-handed "led" to the destruction of 33% of OZ Exports!
Yep! 33% of our exports go to one country-CHINA. Iron Ore = 43% of OZ Exports! Iron Ore = 82% of WA Exports.
It gets worse: Get set for Australia's 3 Key Exports-1. Iron Ore, 2. Coal, 3. Education-to take massive hits over coming months!
Prediction: within 5 years, Australia's exports of these 3 key sectors will plummet to near zero. Plus multitude of replaceable exports.
Economic-Fiscal Impact: disastrous! Debt-Deficits will balloon, unable to be repaid in anybody's lifetime. Mass unemployment & under-employment. Major deterioration in Australian's SOL. Negative contagion effects.
ASX: Share Prices of all sectors & stocks China-related will tank.
Your Super Fund(s): major destruction of income & wealth.
Enjoy share trading. Fortunes are going to be made...& lost!
- Forums
- Economics
- Australia-China Relationship Shot To Pieces!
Australia-China Relationship Shot To Pieces!
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online