oh and Duhywhat do you think drives the mining boom?Chinawhere...

  1. 239 Posts.

    oh and Duhy

    what do you think drives the mining boom?

    China

    where did china get the money from? Australia / america's boom

    when we stop booming we stop spending, china stops making, china starts not making as much money exporting to us, china stops buying as much resources, demand for resources in Australia goes down prices fall, mines make less money, stocks fall

    everything is linked and knocks on to each other

    and then in time it turns around and starts up again

    nothing lasts for ever! every boom ends and the slow down always follows and worse case a resession

 
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