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Forum: Australia
Oct 13th 2008, 2:28 pm
Replies: 139
Views: 11,491
Posted By Exile

Re: OZ ECONOMICS DOWN THE DUNNY?

I think the point is that the figure for financial services in the UK as a percentage of GDP seems to be quite similar to the figure for mining as a percent of GDP in Australia.

And the UK is...
Forum: Australia
Oct 12th 2008, 9:04 am
Replies: 139
Views: 11,491
Posted By Exile

Re: OZ ECONOMICS DOWN THE DUNNY?

If anything, the real problem is that the media did not talk about the risk of recession soon enough. Nobody wanted to hear it as they were too busy ramping up debt, buying flat-screen TVs, buying...
Forum: Australia
Oct 11th 2008, 11:52 pm
Replies: 139
Views: 11,491
Posted By Exile

Re: OZ ECONOMICS DOWN THE DUNNY?

What that guy says makes a lot of sense. A lot more sense than the deluded "another boom on the horizon" commentators, with their portfolios of investment properties to talk up.

Ignorance will...
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