Yes, it's up there with the "they won't use nuclear bombs against us" miscalculation.
The Mid West dream has unravelled once again. The regulatory systems in Australia, lack of political leadership, stability, and business cooperation means Chinese $ will flow into Africa. Australia is too hard, too expensive, too risky, and too uncertain to plough billions into fixed infrastructure, especially with the shrill comments coming from gillard, swan, and the Marxist rabble that is masquerading as a legitimate government.
MMX Price at posting:
47.0¢ Sentiment: None Disclosure: Not Held