We will be left with a mining bust of mammoth proportions,...

We will be left with a mining bust of mammoth proportions, massive private and public debt and no productive industries left to pull us out of the rut.
This is where we are headed over the next several years and i have been adjusting my portfolio to reflect these circumstances.
I hold some BSL and still believe in thier longterm potential although i am treating Aussie banks, miners and residential property like they have the plague.
Severe distortions exist in our economy and every so called fix by the government is further tilting the balance in the wrong direction.
Will be interesting to see what the next PM will try to do to save face for the Labour party.
So Mr Bill Shorten what is it you will be doing?
The knives are out Julia, it's almost like you are actually trying to give Tony Abbott your job, that is of course once Bill Shorten loses the next election.