blacksheep Posted December 19, 2017 Share Posted December 19, 2017 According to this article As a whole, the Australian economy has grown through a property bubble inflating on top of a mining bubble, built on top of a commodities bubble, driven by a China bubble. Unfortunately for Australia, that ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“luckyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ free ride is just about to end.. Interesting read - https://medium.com/@matt_11659/matt-barrie-...ds-6877adb3fb2f Link to comment Share on other sites More sharing options...
nipper Posted December 19, 2017 Share Posted December 19, 2017 Judging by the first sentence, in the quote, the author appears to have a limited vocabulary. Link to comment Share on other sites More sharing options...
early birds Posted December 19, 2017 Share Posted December 19, 2017 the author appears to have a limited vocabulary. ==================== don't be too fassy nipper. if you can put up with me, then you can put up with anyone!! joke aside aussie economy looks about to hit skids as housing market looks really really tired. rate gonna be raised everywhere----from uncle sam to chinese . Link to comment Share on other sites More sharing options...
blacksheep Posted December 20, 2017 Author Share Posted December 20, 2017 Don't judge an article, or it's author, by it's first sentence Why not read it all Link to comment Share on other sites More sharing options...
nipper Posted December 20, 2017 Share Posted December 20, 2017 Why read it? There's lots of 'information' out there, and hyperbole doesn't cut it as clickbait. Link to comment Share on other sites More sharing options...
blacksheep Posted December 21, 2017 Author Share Posted December 21, 2017 Why read it? Why comment on something you haven't read in it's entirety? Link to comment Share on other sites More sharing options...
nipper Posted June 30, 2019 Share Posted June 30, 2019 A projected jump in Australiaâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s Ãâہ¡ÃƒÆ’‚ÂÂresources export earnings to a record $285 billion this year may prove short-lived as a plunge in mining investment to a decade low and an expected retreat in iron ore and coal prices dampens the medium-term outlook. The countryâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s resources and Ãâہ¡ÃƒÆ’‚ÂÂenergy export earnings are estimated to have reached $275bn in the just-completed 2018-19 financial year, 21 per cent above the previous high mark of $227bn in 2017-18, in numbers released today by the Department of Industry. A further $10bn earnings jump to $285bn is tipped in 2019-20 in a boon for the federal government, reflecting buoyant iron ore and gold prices and an increase in Ãâہ¡ÃƒÆ’‚ÂÂexport volumes.- The spin is usually that it's too good to be true & won't last, and yet the surprise has been to the upside for a long time. Even the downturns seem to be curtailed. Govt and the national spend must like the flow of royalties into their coffers, too. So, when will we all be rooned? Link to comment Share on other sites More sharing options...
nipper Posted March 31, 2021 Share Posted March 31, 2021 Australia's population has experienced its first quarterly decline since World War I. Home prices meanwhile, saw their biggest lift in over 17 years Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now