Its exactly what the video is saying, australia is too over-dependent on the mines and is also souring relations with china who mind you are one of our biggest trade partners all because Uncle Sam said so, and to add on to that you got the housing crisis, decline of AUD/Incline of cost of living and large hordes of foreign students
They were to dependent on China that worked well when China was booming but now that there economy has slowed down and is facing a deflationary crisis the Aussie economy is not doing well eitherIts exactly what the video is saying, australia is too over-dependent on the mines and is also souring relations with china who mind you are one of our biggest trade partners all because Uncle Sam said so, and to add on to that you got the housing crisis, decline of AUD/Incline of cost of living and large hordes of foreign students![]()