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sexythang

4,117 Posts.

126

23/02/17

00:04

Post #: 22828253
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Originally posted by AverageJoe ↑

It is dangerous to just ride on that "resource sheep's" back. We need to diversify our industries so that we can create new sectors such as the technology revolution. Rudd had a good idea but lack "openness" in discussing with the mining sector. In the process doomed a great idea but also timed it at the wrong cycle of that introduction.

It's a matter of time China industries will follow Japan through the building stage and taper off. At the time we had Korea to take on the industrial revolution baton from the Japanese. Do we have India as the speculated country taking on that baton? Somehow I am sceptical of such a seamless transfer of commodity export destination.

Currently I am more worried about US and how it is going to float the global tide of growth to worry about the distance future!

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