Further, countries dependent on tourism and travellers are the ones to get worst of any recession. This might result in trade alliances moving from west to east, i.e China gives loans to pacific islands and emerging countries like Africa and middle earth. So, there is significant global geopolitics in play. This to me presents a more significant issue than unemployment and protesting. What happens if Australia loses friends in the pacific sphere??
As for biotech, I can't see much changing. Could be wrong...
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