Australia Manufacturing Collapses as Commodity Supercycle Stalls; #Labor and #Unions Wrecked #Australia

The labor party and unions wrecked Australia.

This was invisible for years because a housing boom and China-fueled commodity boom masked the untenable nature of wage and property bubble growth.

Now, it's payback time
On September 14, prime minister Julia Gillard, leader of the Australian Labor Party will be thrown out of office in a landslide. Unfortunately, it will take years for Australia to recover from the damage caused by Labor...

Mish's Global Economic Trend Analysis: Australia Manufacturing Collapses as Commodity Supercycle Stalls; Labor and Unions Wrecked Australia