tag:blogger.com,1999:blog-5613349802102193582.post440515974228363636..comments2023-12-22T23:56:04.826+11:00Comments on Houses and Holes: Australia pwnedDavid Llewellyn-Smithhttp://www.blogger.com/profile/01762856583909059662noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5613349802102193582.post-64525615529505561982010-11-21T07:00:07.401+11:002010-11-21T07:00:07.401+11:00Like so much else in the current Australian situat...Like so much else in the current Australian situation the "China Syndrome" is a house of cards.We will all suffer for this self serving stupidity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-34357307105625784192010-11-21T03:18:02.651+11:002010-11-21T03:18:02.651+11:00I was amazed by that Business Insider chart too.
...I was amazed by that Business Insider chart too. <br />Check out the recent RBA paper on Chinese commodities demand:<br />"China accounts for around two-thirds of world iron ore demand, around one-third of aluminium ore demand and more than 45per cent of global demand for coal."<br />This all being the only reason we "dodged" the GFC. Doesn't bode well for when China slows down...Financial Follieshttps://www.blogger.com/profile/18074060737860512595noreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-38259630486625695242010-11-21T00:25:23.478+11:002010-11-21T00:25:23.478+11:00damn..."if not for China".damn..."if not for China".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-42080610711655447602010-11-21T00:24:27.723+11:002010-11-21T00:24:27.723+11:00Living here in the West, you know this is true. T...Living here in the West, you know this is true. This state would be comatose is not for China. And the rest of the country would be dead.<br /><br />If China sneezes ....Anonymousnoreply@blogger.com