[LINK] [SPAM?] Re: The Community of - was A good time to short

David Boxall david.boxall at hunterlink.net.au
Tue May 5 10:39:59 AEST 2009

On Mon, 4 May 2009 at 11:14:23 +1000 Tom Koltai wrote:
> ...
> We already have the "Buy Australian" government scheme. I think as a
> nation we have to say that isnt quite going to cut it anymore. 
> My suggestion is a simple one.
> If every Australian asks just one question of every salesman, shop
> assistant, reseller at the point of purchase:
> i.e.: Excuse me - was this made in Australia? 
> It will do a lot more than if we ask the Government to implement a
> tarrif regime.
> Obviously - most things arnt made in Australia - but to ensure that our
> childrens children have an economy, we need to make sure that at least
> some things will be made here.
> So actually - blogging about it is a good thing and tweeting it and
> facebook walling it.
> It might take us half a generation to get back to the manufactureing
> capacity that we had in the eighties - but it will be worth it.
One tiny problem: we aren't in the 1930s. At that time, when governments 
did throw up protectionist barricades, they succeeded only in deepening 
the Depression. The world is now far more interconnected than it was 
then. I imagine that, if governments did now what they did then, the 
damage would be worse.

The wisdom of the "Buy Australian" mentality is questionable. Let's 
start thinking like a world, instead of a bunch of selfish nations.
David Boxall                         | ignorance more frequently
                                     | begets confidence than does
                                     | knowledge
                                     | --Charles Darwin (introduction
                                     |  to 'The Descent of Man' 1871)

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