Letter
Never underestimate the power of the mining lobby
Once again, we blame China for our own inadequacies. Sinophobia never gets its fair share of headlines.
Just because they were smart enough to see this coming, we get upset China is only doing what is common for the mining companies in particular, and global bussiness in general: manipulating the market to maximise profit to their advantage
What market forces you may ask. OPEC etc?
In the case of China, they have ensured their own supply needs with a profit thrown in, while sucessive Australian Governments give our wealth away for some election funding and a few rubbery votes.
— Bob Pearce from Adelaide SA