Australia’s dependency on iron ore could be our undoing.
With Welfare coming to an end Food Bank Lines will return as millions go Hungry.
Soaring import costs could lead to a potential Global Food Crisis.
With Russia planning to increase its coal exports to Asia, there are concerns that China will replace Australian Coal.
Trade tension with China is leading to job loss fears in Queensland and throughout Australia.
Mathias Cormann Resigns for the top position as the Secretary-General of the Organisation for Economic Co-operation and Development (OECD).
The current economic collapse might be worse than the Great Depression.
Nations are beginning to hoard food and limit exports.
#Gold #Australia #HeiseSays Gold is driving our recent export boom. References Exports balloon to record high as trade surplus bounces back https://www.abc.net.au/news/2019-11-07/exports-balloon-to-record-high-as-trade-surplus-bounces-back/11681754?section=business https://tradingeconomics.com/australia/currency https://oec.world/en/profile/country/aus https://oec.world/en/profile/hs92/7108 http://www.australianminesatlas.gov.au/mapping/downloads.html#openkmz
#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