I've been out of the loop lately, still reading a lot, but I dislocated my shoulder not once but twice and well writing is a little bit more difficult.
But I came across this graph today that is very ominous for the Australian economy.
Iron ore is Australia's biggest export and the major fall in price can only be a sign of increasing vulnerability to changing world prices for resources and ultimately to demand from our biggest export market China.
But I came across this graph today that is very ominous for the Australian economy.
Iron ore is Australia's biggest export and the major fall in price can only be a sign of increasing vulnerability to changing world prices for resources and ultimately to demand from our biggest export market China.
No comments:
Post a Comment
Please be civil ...