perth data, page-25

Fair comment however just pure speculation at this time to imply its going to go down as all the signs at present are the opposite. My point being that we can speculate in the opposite direction with the same ease.

We also have to entertain the notion of a paradigm shift in that WA could become like the oil rich countries and have sustained growth for decades.

Having so much in energy resources close to Asia is a huge plus.

I remember the late 80's and early 90' s with little fondness when the impact of the recession was horrendous. This time round we should have been punished but the opposite is true and we need to remember that China is not the sole player in this area and that because it has such a centralized govt it can implement policies with the speed that democracies can only envy, resulting in swift results..