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2024-09-03 04:23:10

stacksatsio on Nostr: The absolute state of Australia’s economy. Seriously, we live in a mirage. We ...

The absolute state of Australia’s economy.

Seriously, we live in a mirage. We pretend we’re wealthy because Boomers live in overinflated McMansions and we haven’t had a recession in 30+ years but you pull back the curtain and the cupboard is bare.
The Australian Economy never ceases to amaze me. From middling Manufacturer to sandwiched between Uganda and Pakistan in terms of economic complexity in just 20 years.

What do you see on the horizon #AUStriches? Are we going to start adding value to our Iron Ore? Become a nuclear power and develop worldclass machinery to enrich our Uranium? Maybe develop a chemicals industry to rival Germany with all our natural gas?
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