IT and engineering can be outsourced, science can be outsourced. Few people have really examined it - but farming can also be outsourced (along with economics and politics).

That'd leave us free to focus on mining on tourism. The best strategy with mining would be to sell everything off - before the Indians or Chinese arrive with more advanced weapons.

And when that occurs - I note that Australians are becoming masters of nail care. I noticed an "international academy of nail care" while working in Brisbane. Sure makes me proud.