So if we were to speculate that the recession hasn't quite hit Australia as yet, would you take notice?
Does the spirilling house prices and interest rate rises not curbed by rising inflation not make sense?
We know the commodities markets are booming thanks to China, and the knock on effect to our industry
is scrap metal prices. This indecy is rising thanks to China, and making some people very wealthy, but
would you have ever thought that such fales economies are to blame for our cost of living, house prices
and therefore inflation - well you better believe it!
The below link makes for some very interesting reading if you are scepticle to the above points but
makes for some very robust reading..
.
http://www.portphillippublishing.com.au/research/SMSI/m1smsfxfeb.phpcode=W9AMM101&o=
276653&s=279432&u=52180017&l=216766&r=Milo