"Paul Keating said we were heading toward becoming a banana...

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    "Paul Keating said we were heading toward becoming a banana republic and he was proven right by Howard's shutdown of the manufacturing base." So Howard shut down the manufacturing base. You really have no idea what led to manufacturing leaving the shores of Oz. And I am not going to educate you. The banana republic comment was ONE of the catalysts for the dumping of the Australian Dollar. It hit a low of .5710 not long after. Strangely enough it recovered to just under 90 cents 3 years later. We had a Balance of Payments issue. Keating said many things in 2000 he said commodities would not save Australia...yeh he got that wrong as well. Reverse indicator on that one. People you included have to realise politicians do not create wealth or prosperous times. Capital creates wealth. Always has always will. But to yin there has to be a yang ...a balancing if you like. Labor has a chance lets see how long it takes for them to screw up....3-4 years Max. You on the other hand screw up everytime you post. Coz you do not have a clue. wink.png


 
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