Normal
A lot of the above has already played out, or has already been playing out for years, and yet Australia's economy continues to grow. Despite commodity prices falling largely back to where they were pre-boom, Australia continues to supply a large proportion of the world's ore, gas and coal. Low prices, yet still massive volume.As far as there being nothing great on the horizon, in this technology era, new booms and industries can come from nowhere....if we could see it coming, investing would be all too easy.Maybe you're right, but I think you are focussing a little too much on the negatives here.
A lot of the above has already played out, or has already been playing out for years, and yet Australia's economy continues to grow. Despite commodity prices falling largely back to where they were pre-boom, Australia continues to supply a large proportion of the world's ore, gas and coal. Low prices, yet still massive volume.
As far as there being nothing great on the horizon, in this technology era, new booms and industries can come from nowhere....if we could see it coming, investing would be all too easy.
Maybe you're right, but I think you are focussing a little too much on the negatives here.
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