issy, just as a quick follow-on.
Walmart were on the brink of receivership in the US.
They were the first major player to outsource from China/Asia, and their fortunes turned immediately and with dramatic results and profits.
The rest of the world soon followed their example.
Australia too, but even so our untenable costs back home in Australia were so bad, that even Asia was unable to keep our businesses afloat.
But it's OK, as I said, if we don't do the painful stuff ourselves and that way we can control or direct the transition, it'll be OK because eventually the markets will do it for us and we will find ourselves in second world status.