Hi moondoong
Re your post which included;
"... As more and more purchases go overseas expect more job losses to occur here, until people transition into industries we do well ie mining etc ..."
I guess that's what globalisation & capitalism is all about - resist & you have to pay more to subsidise jobs until you can no longer do so.
IMO that's part of the cause of the GFC - countries that continued to subsidise local production instead of innovating, improving productivity & educating its people for new types of employment.
As for mining, my daughter-in-law was a project manager for RIO on its 'driverless train' project. I sometimes wonder if mining companies employ more people in offices than they do in the field.
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