Posted to Facebook on 17/5/202011:46 AM
Posted to The Age (1/5/2020) on 1/5/2020
Commenting on "Farmer turmoil as China‘s hunger for Australia wanes"
https://www.theage.com.au/national/once-again-we-look-like-diplomatic-amateurs-on-china-20200430-p54oo6.html
The world is getting more and more dangerous to live in, and is facing complete destruction caused by aggressive, undiplomatic, self-centred, power hungry politicians.
Australia, with reasonably low fatalities in this pandemic, unless the second wave strikes hard, can become the world leader of peace and humanity, but its government chooses to be the Deputy Sheriff and know-tow not to China but to the US.
Printing money or keep borrowing are not the ways to get Australia out of financial wows after the pandemic. Australia is not the Gilligan’s Island, and needs injection of foreign investment and having other countries to buy its coal, iron ore, wine, education and tourism.
India has more coal than Australia and Russia holds the second largest reserve. As for iron ore, Brazil is still a very large exporter despite its production has fallen to 4th place in the last quarter.
Thank you for reading.
Posted to The Age (1/5/2020) on 1/5/2020
Commenting on "Farmer turmoil as China‘s hunger for Australia wanes"
https://www.theage.com.au/national/once-again-we-look-like-diplomatic-amateurs-on-china-20200430-p54oo6.html
Australia, with reasonably low fatalities in this pandemic, unless the second wave strikes hard, can become the world leader of peace and humanity, but its government chooses to be the Deputy Sheriff and know-tow not to China but to the US.
Printing money or keep borrowing are not the ways to get Australia out of financial wows after the pandemic. Australia is not the Gilligan’s Island, and needs injection of foreign investment and having other countries to buy its coal, iron ore, wine, education and tourism.
India has more coal than Australia and Russia holds the second largest reserve. As for iron ore, Brazil is still a very large exporter despite its production has fallen to 4th place in the last quarter.
Thank you for reading.