Be real mate!Just look at US ownership of "our" big...

  1. moorookamick
    22,384 Posts.
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    09/01/22
    21:10
    Post #: 58739029

    Be real mate!
    Just look at US ownership of "our" big corporations.

    https://www.news.com.au/finance/business/us-ownership-of-australias-biggest-companies/news-story/5e0361d3e4433be0c4c1c40c8254cac1

    If the US economy wobbles, the first think that US investors will do
    is to take their wealth back home.

    This would wreck our economy, IMO.

    Australia's wealth is essentially owned by Multinationals
    who reap the benefits and throw the crumbs to the plebs
    much like extractive Colonial Powers of old gave the natives grog
    & bling for their natural resources !

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