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Detroit lessons for South Australia : Comments
By Malcolm King, published 14/8/2013South Australia's politicians need to face the fact that globalisation has decimated its economic base.
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You say "This is globalisation at work as manufacturing markets in Asia undercut local producers on price."
If you look ahead at the time when the mining boom has spluttered to a halt , this is what could happen to the whole of Australia not just Adelaide.
Globalisation is what is going to kill our economy one day and the only way to protect against it is to bring back tariffs.
Yes Australia can "go it alone".
The only items that we have to import because it would not be worth making ourselves would be aircraft.
Let us close the borders completely.
The farming sector would scream blue bloody murder but it would not be ruining what little good agricultural land we have to export for digital dollars.
They could survive quite well by producing food for our own population.
Mind you I would not like to hazard a guess how long it would be , before we were invaded for our way of life.