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How to politely drop an iron ore bomb on not China – MacroBusiness



This idea has been around for a while but perhaps its time has come. From The Glass Pyramid:Over the last few weeks the airwaves have been buzzing about the falling national income (and the problems for Mr Hockeys budget) due to the rapid decline in the price of iron ore and Twiggy Forrests calls for restraint from BHP and RIO when it comes to delivering larger volumes of Australian iron ore into slowing international markets.
Unfortunately, the debate has lacked imagination and has tended to focus…

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