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We're making intangible pies (product designs) in Australia and taking advantage of scalability and the size of international markets vs our own.
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Only problem is we aren't making enough pies, and the pie shops are closing faster than they are opening.
I'm just a dumb engineer, but when i look at the general trend of our trade deficit/economy ( as say a freebody diagram ), i see more money leaving the country than coming in, and it appears to be accelerating. That doesnt give me a warm feeling.
Andrew