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What Happens If China's President-For-Life Xi Jinping Falls Victim To Coronavirus?, page-10

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14/02/20

10:05

Post #: 42929068
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Originally posted by usc75 ↑

Agree..

The inevitability of "China going offline..." was 100% bound to happen in a country where 100% of decision-making is in hands of 1 person!

Coronavirus was just the 1st internal-external shock that came along.

For OZ, & indeed the world, its a salient lesson in not having all your eggs in one basket!
* 37% of our Exports go to China
* Australia is the most China-dependent country on earth!

Economically & financially we're racing headline into a major Recession; China's Coronavirus just pushed us over into the abyss.

PS: One day, the ASX speculators will wake up?

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Hi USC75
PS: One day, the ASX speculators will wake up?
I think that should have been -- PS: One day, the ASX speculators politicians will wake up?
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