Australia suffers from what economists call Dutch Disease. The...

  1. Vainglorious
    603 Posts.
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    01/10/16
    01:58
    Post #: 19554440
    Australia suffers from what economists call Dutch Disease. The commodity sector boom cycles kills off any other sectors.
    https://en.m.wikipedia.org/wiki/Dutch_disease

    Perhaps we should separate Australia into two countries: NSW+VIC versus everybody else. One country to focus on high tech and manufacturing.  The other country digs stuff out of the ground.  Think of it like a corporate spin-off off a poorly performing subsidiary.
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