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Sorry for the inference to GST. I think that you will find that US does have GST in the form of individual state taxes.

As regards the Oz being the strongest country, it is the reserves and the ability to mine these reserves at economical prices that has allowed us to maintain our quid quo pro!

Do not be deceived by what is being printed in the Eastern States of Oz. Scratch the surface and you will see that bankruptcies are UP and a lot of small businesses are struggling. In WA the employment rate is ever increasing due to mine closures. Someone quoted 20,000 unemployed in the gold minng industry alone.

Take a closer look at the agricultural and transport industry and you will see that there are larger problems. Remember that the flow on from all of these areas is to the Banks and Financial Institutions and the lending policies are being changed; albeit too late; to try and overcome these problems.

If it wasn't for the Olympics in Sydney then we would be in a real mess!

HKSB economists expect a worldwide recession late 2000 through to 2001...

PS: Get out of HFY
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