When a new economy opens, it takes longer to build it than it did before
Posted On June 6, 2021
The opening of a new market requires a long period of time.
And there’s an argument to be made that it takes more than just the initial investment to get a new industry going.
It takes time to build the infrastructure to make sure it’s reliable, and that it’s safe for users.
For the time being, the A$1.6 trillion stimulus package has been a success.
And it’s likely to continue to be for the foreseeable future.
But the economy has been on a downward trajectory for more than two decades, and it’s clear that, if the world was looking for a new start for the world’s economy, the US was not the right place to be.