Boom and Bust
This is a cautionary tale. About greed, irresponsibility and failing to learn from the past.
Australia''s mining boom is still talked about with a sense of awe. This once-in-a-lifetime event capped off 25 straight years of economic growth. Thanks to mining we sidestepped the worst of the Global Financial Crisis. To the rest of the world Australia was an economic miracle. And then the boom ended.
Now...
This is a cautionary tale. About greed, irresponsibility and failing to learn from the past.
Australia''s mining boom is still talked about with a sense of awe. This once-in-a-lifetime event capped off 25 straight years of economic growth. Thanks to mining we sidestepped the worst of the Global Financial Crisis. To the rest of the world Australia was an economic miracle. And then the boom ended.
Now...
