OPINION/ANALYSIS from the ABC - "That was a once in a lifetime economic expansion that's unlikely to be repeated." (from 2004 to 2012 regarding WA Boom times.)
As for me, when the MSM tells you something, then I take the contrarian view - the next resources boom will be bigger than the last - biggest in the history of human kind - Why? Simply a numbers game - literally billions of new consumers in most developing nations want what we have in the West. We in the West are now navel gazing - look how badly we pale skins treated evryone badly, look out for micro aggressions, look at how we treat women, Indigenous, genders, environement, etc badly. The west is pandering to a guilt & self hatred that is plain stupid & self destructive....meanwhile, for those that eyes to see & ears to hear - we are going to make good coin from the next resources boom - no doubt about it....time & patience.
https://www.abc.net.au/news/2018-11-30/rio-tinto-koodaideri-iron-ore-is-no-wa-mining-boom/10567210
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