Thread: Covid 19 -
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Old 21-08-2021, 04:20 AM   #13865
MITCHAY
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Canberra
Posts: 13,539
Default Re: Covid 19 -

I was reading the economic news and it looks grim. We might enter recession soon after it going nuts. Not unexpected with half the population under lock down.

McFlog likes to think he is saving Australia literally but it seems China are finally kicking us in the balls with the iron ore price taking a dive.

I think the budget was very conservative estimating $50-60 per tonne over the forward estimates so we will see how it plays out.
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