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Old 21-02-2020, 05:23 PM   #70
Sprintey
FF.Com.Au Hardcore
 
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Join Date: Sep 2014
Location: Catland
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Default Re: Coronavirus Closes 5 Hyundai Factories.

Already happening Boss, Trump gave US companies a warning in the last year or so to diversify their supply chains out. We are seeing repatriation as well as shifting of offshore suppliers for the US at least.

Now AUD at 0.66US, makes the loss of our auto production particularly bitter. It might not be cars any more, but if one likes producing things, find a niche and go for it locally. Hope this puts a rocket under local manufacturing.

Where does that leave Oz, reliant on Coal to China for big bucks? Their coal consumption is down already, about 33% based on todays article on ZH.
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