Talking about Bellerive
Oval ( HERE
) Paul Muller laments the lack of interest by Governments in spending further
funds. “That it lies all but barren for the remainder would suggest to even
armchair economists that it is failing to realise its profit potential”.
The world is awash with surplus supply capacity
following the GFC. It surely cannot be a serious proposition to assert that
such a situation requires Government funding to create more demand.
If so we’ll be insolvent even sooner.