Thanks to an ENGINEERED Iron Ore price collpase that ABARE...

Thanks to an ENGINEERED Iron Ore price collpase that ABARE (revised, revised and revised as the federal and WA state governemnts were in a state of shock of what the boys in London hatched up) Australia with a $50B budget deficit and a fiscal blackhole getting bigger every day Sam and Andrew take Chinese orders at lower and lower prices, no wonder regime change in Canberra is a sure as night follows day.

Just as the ADF (I once proudly served) is struggling for a modest pay rise (while thousands of Aussie mining jobs are being lost in the WA creating more economic burden on the state already losing the AAA rating last year, resorting to firing thousands of government servants with more to come and where the housing market starts looking wobbly) - while Sam gloats about being the last man standing and that those who are hanging on by their finger tips - forgetting that the  WA and FEDERAL governments are in that category - can only hang on for so long).......the Chinese military (a constant threat to our allies adn friends in the region like Japan, USA, Vietnam, Philpines to name a few)  is going on a merry spending spree like there is no tomorrow and  just hiked their 2015 expenditure by 10% to $145 Billion.

Play it again Sam - Xie Xie (who is tranferring the wealth of Australians almost DIRECTLY to the Chinese treasury), the Chinese state steel juggernaut just saved (what is equivalent to $50 Billion in EBITA over the last 13 months) to spend that money on things to use against us one day.  

Check this out, both Labor and Coalition (despite the friendly smile and Xi Jiping addressing our parliament) know one day the Chinese could turn on us at any moment.

http://www.*.com.au/australia-china-kevin-rudd-2009-2012-6

Some call it strategic, some call iut s3lf destruction. Some may even call it immoral.