EXR 0.00% 11.5¢ elixir energy limited

Hartleys values Elixir 8 cents, page-75

  1. 9,679 Posts.
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    Unfortunately, you are probably right for the most part in terms of manufacturing returning home, it depends on what stance government take. Although it's the right thing to do and would stabilise and strengthen our economy and dollar over the long term, but let's face it, our government haven't exactly handled the big issues in Australia's best interest very well. SloMo was asleep on a Waikiki beach while we battled the worst bushfires we've every seen and our home affairs minister scored the biggest own goal of alltime.....brings COVID-19 back across our border with him from the US. Anyway, the main point is China will be heavily impacted in the wake of COVID-19, manufacturing will be significantly relocated (Thailand, Vietnam, Indonesia etc.) out of China, there has been a shift in rhetoric over the last few days, it's levelling clear and aggressive blame towards China.....once the full extent of economic destruction and loss of life is realised the resentment towards China will make it a simple decision for large corporations to do business elsewhere, otherwise both government and consumers will boycott their products. The damage to their reputation is significant and has only begun to bubble to the surface...Trump trotted out "ChinaVirus" in recent days...you can bet your bottom dollar ChinaVirus is the new "War on Terrorism", he will use it to destroy China politically/economically and to win another term in office IMO.
 
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