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Will NSW panda to China? Let's hope so. : Comments
By Jonathan J. Ariel, published 2/8/2013There are no reasons why Chinese companies shouldn't own NSW power assets and plenty why they should.
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When economies grow they need an oil called money as the medium of exchange, however now our productivity + inflation is totally created as debt,mostly by private OS central banks. Unless we flog off our resources for a song, the debt can never be repaid.
Under this insane system of private debt money creation, the more productivity we have, the more debt we incur. We are being penalised for working harder.