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Blimey Mick, that will be a flash set of "pants"

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20/08/21

20:22

Post #: 55457133
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Originally posted by moorookamick: ↑

We would be by far the richest country in the world if the profits from our exports
stayed in Aus. Instead 100s of Billions a year head overseas and the sad thing about
it is that our 4 big banks (majority foreign owned) have to go overseas to borrow
10s of billions to feed our insatiable appetite for credit (AKA living above our means)
That's why our personal & household debt is $5.5 Trillion ; 3 times our GDP!

But back to cars:
IMO we should be manufacturing the aluminium alloy parts for EVs
(Cad/Cam) in optimally automated pants and supplying global auto markets.
As such, these Aus added value exports would help to offset the growing
Auto import bill.

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Blimey Mick, that will be a flash set of "pants"
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