#Economy #Recession #HeiseSays China’s GDP is falling and it can cost Australian Jobs References https://mobile.abc.net.au/news/2019-10-18/china-economy-hits-three-decade-low-with-gdp-at-6pc/11616774?section=business
Tag: China
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US China Trade Talks
#Trade #China #HeiseSays The implications of the US and China trade talks is significant for Australia. Watch on Bitchute Watch on Facebook Podcast References US, China trade talks: Donald Trump lifts sharemarket with positive message https://www.news.com.au/finance/markets/world-markets/us-china-trade-talks-donald-trump-lifts-sharemarket-with-positive-message/news-story/2c2632d4ab3d352e846b341195fc3b37
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China’s Australian Tourism Crashes
#China #Australia #Tourism Chinese tourism to Australia has crashed with a potential $800 million dollar hit to our economy. References https://www.bloomberg.com/news/articles/2019-09-23/big-blue-diamond-found-by-struggling-petra-at-flagship-mine
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China’s Economy is Slowing
#China #Economy #Recession China’s economy is slowing and economists are concerned about the potential impact on the Australian economy. References China whispers of economic Armageddon, why Australia should be worried https://www.news.com.au/
#China #Economy #Espionage Claims have been made that China was responsible for a recent cyber attack on the Australian Parliament and major political parties. Naturally, because our economy is so dependant on China our leaders were apparently instructed to not raise this issue in public. References Exclusive: Australia concluded China was behind hack on parliament, […]
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Australia’s Export Boom
#Export #IronOre #Australia Australia’s export boom may be over and with the budget surplus. It’s concerning that our nation is so dependant on one resource. References The export boom may have peaked as key commodities roll over https://www.abc.net.au/news/2019-09-05/iron-ore-on-the-slide-as-export-boom-may-have-peaked/11481614?section=business
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Wall Street Drops and Silver Responds
#Silver #DOW #Investment The Dow Jones dropped last night and silver responded. Let’s learn about how the Dow is actually calculated and consider the implications for Australia. https://youtu.be/lWodVqo8Cu0 References Dow Jones Industrial Average (DJIA) https://www.investopedia.com/terms/d/djia.asp
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Australia’s Economic Dependence on China
#Australia #China #Economy Australia’s economic dependence on China is being discussed in the mainstream media. References Australia’s dependency on China https://www.news.com.au/finance/economy/australian-economy/figures-show-how-much-australias-economy-relies-on-china/news-story/7c7028cbcc999ffb279bdd0b49f04341
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Australia and the Trade War
#Australia #Trade #Economy Prime Minister Scott Morrison has said Australians need to ‘get used’ to the ongoing trade war between China and the United States. Let’s have a look at the rhetoric and then compare the US and Chinese Economies. Watch on YouTube https://youtu.be/e8KOB-Xy1QE References Australians should ‘get used to’ US-China trade war as superpowers […]
#Recession #Australia #Economy Economists are predicting that there is a 20% to 25% chance of Australia heading into recession within the next 12 months. While their hope is based on the Chinese domestic market supporting Australia, I’m more sceptical. References The good, the bad and the bumper sticker as Australia faces ‘20-25 per cent chance […]