Will iron ore end up like coking coal?, page-4

  1. 8,557 Posts.
    With i.o. supply set to explode in 2015 the price drop will be catastrophic for the aussi economy, expect budget deficits of 200 billion and an unemployment rate of 12% plus ! The govt will have to act fast to stop the impending disaster, the only way will be to cut wages, and rid this country of workplace laws and militant unions !
 
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