Australia: Drunken Debt-Deficits-Dependence-Delusion-Destruction!
Australia-China: What's Changed? Nothing, Yet Everything!? 1971 Gough Whitlam 1st Visit To China. 1972 My Wife & I Invited To Visit China; We Did. 2021 No Prime Minister!?
2021: 82%+ WA Exports = Iron Ore = China!
General: 33% Of OZ Exports = China!
Wool: 90%+ OZ Exports = China!
Iron Ore:
* 82%+ WA Exports = China!
* Iron Ore = 43%+ of Australia's Total Exports!
Add:
* est. A$1.5 Trillion of Federal Gov't Debt = 46% GDP!
* Massive Deficits (?? know next week)!
In 50 years of Australia-China business dealings (yes, Australia is an Export business!), I have never seen a Seller (Australia) do more or go out of its way to offend its No # 1 Buyer (China) more so!
It's unheard of in Australia. Globally. It's unprecedented.
Former PM Gough Whitlam is turning in his gave!
2021 & beyond for Australians the main concern should be "how to extricate Australia" from this self-inflicted man-made Aussie China-pickle?
1972 My Wife & I Invited To Visit China; We Did. Australia-China: What's Changed? Nothing, Yet Everything!?
- Forums
- Economics
- Australia: Drunken Debt-Deficits-Dependence-Delusion-Destruction!
Australia: Drunken Debt-Deficits-Dependence-Delusion-Destruction!
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)