Coalition gifting the US BIllions of Chinese Trade, page-17

OriginallypostedbyMarketinfo

DaveR,

"MorrisondefendsDutton'ssluragainstChina.Recession/depressioncomingtoAustraliaandthistimeChinawillnotbailusout."


WemaywellbeheadingtowardseconomictroublebutitwillnotbeChinathatdictateswhenthatstarts......................Chinacurrentlycan'taffordtoditchus.

Withoutourcommoditiestheywilleitherpaydoubleortheywillcutthelunchofsomeotherusersbybiddingfortheirsupplies,whichwewillthenmovetosupplyintothegapcreated(thatorselllessformore)...................sotheswingsandround-aboutsofworldtradewillnotbethatbigadealinsofarasfillingmarketsintheshortterm.

UnitedStatessoybeansstillwenttoChinaviaBraziloverthelastyearsoit'snothingnew.

LongertermChinahasresourcesbeingdevelopedinAfricaandelsewhereso,yestherewillbechangeeventually.

WhatwillaffectusisiftheWorldtanksfinanciallyandofcourseeconomicallyandthelosergreenieenvironmentalwarriorsgettoturnthelightsoffandstopthehydrocarbonsflowingtothetransportandfarmingsectors.

Itisn'tassimpleassayingwemustbendtothedictatorialapproachofyourbelovedMarxistsmatestothenorth.

DaveR,forsomebodythatdreamsupanewreasontohatetheConservativeseveryweek(whatwasitoriginally?Ohthat'sright,sendingyouofftotheVietnamWar......................notthatyouwent,butthat'sjustaminordetail)yousuredoseemtoclutchatstrawsandalignyourselfwithsomeverytawdrytypes.

IreckonyouwouldneverbreathawordofdissentagainstthelikesofXiJinpingorRecepErdogan........................onlythoseinatrueDemocracycopyourcriticism.

Really!Dutton'sslur!...........................youshouldgobacktowhereyoucamefrom..........you'dbemuchhappierthere.




MI

" Without our commodities they will either pay double or they will cut the lunch of some other users by bidding for their supplies, which we will then move to supply into the gap created (that or sell less for more) ................... so the swings and round-abouts of world trade will not be that big a deal in so far as filling markets in the short term. "

What an extremely naïve point of view IMO.


MELBOURNE (Reuters) - China is looking beyond current suppliers like Australia to procure raw materials in future as its steel demand continues to grow, the chief executive of the world’s No. 4 iron ore producer Fortescue Metals Group warned on Thursday.

https://www.reuters.com/article/us-australia-fortescue/as-fortescue-taps-guinea-china-eyes-broader-iron-ore-supply-sources-ceo-idUSKBN1WP0SB


We are where we are, cause were bloody tied to the hip of a waning power, in the septics, we shoulda been under our own control , but we aren't Nuke capable.

Is the mutton speaking outside of his portfolio?

Raider