*be sceptical - take nothing for granted!    
Unless otherwise indicated all photos © Richard McKie 2005 - 2019

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Travel

South Korea & China

March 2016

 

 

South Korea

 

 

I hadn't written up our trip to South Korea (in March 2016) but Google Pictures gratuitously put an album together from my Cloud library so I was motivated to add a few words and put it up on my Website.  Normally I would use selected images to illustrate observations about a place visited.  This is the other way about, with a lot of images that I may not have otherwise chosen.  It requires you to go to the link below if you want to see pictures. You may find some of the images interesting and want to by-pass others quickly. Your choice. In addition to the album, Google generated a short movie in an 8mm style - complete with dust flecks. You can see this by clicking the last frame, at the bottom of the album.

A few days in Seoul were followed by travels around the country, helpfully illustrated in the album by Google generated maps: a picture is worth a thousand words; ending back in Seoul before spending a few days in China on the way home to OZ. 

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Fiction, Recollections & News

Julian Assange’s Endgame

A facebook friend has sent me this link 'Want to Know Julian Assange’s Endgame? He Told You a Decade Ago' (by Andy Greenberg, that appeared in WIRED in Oct 2016) and I couldn't resist bringing it to your attention.

To read it click on this image from the article:

 
Image (cropped): MARK CHEW/FAIRFAX MEDIA/GETTY IMAGES

 

Assange is an Australian who has already featured in several articles on this website:

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Opinions and Philosophy

Manufacturing in Australia

 

 

 

This article was written in August 2011 after a career of many years concerned with Business Development in New South Wales Australia. I've not replaced it because, while the detailed economic parameters have changed, the underlying economic arguments remain the same (and it was a lot of work that I don't wish to repeat) for example:  

  • between Oct 2010 and April 2013 the Australian dollar exceeded the value of the US dollar and that was seriously impacting local manufacturing, particularly exporters;
  • as a result, in November 2011, the RBA (Reserve Bank of Australia) reduced the cash rate (%) from 4.75 to 4.5 and a month later to 4.25; yet
  • the dollar stayed stubbornly high until 2015, mainly due to a favourable balance of trade in commodities and to Australia's attraction to foreign investors following the Global Financial Crisis, that Australia had largely avoided.

 

 

2011 introduction:

Manufacturing viability is back in the news.

The loss of manufacturing jobs in the steel industry has been a rallying point for unions and employers' groups. The trigger was the announcement of the closure of the No 6 blast furnace at the BlueScope plant at Port Kembla.  This furnace is well into its present campaign and would have eventually required a very costly reline to keep operating.  The company says the loss of export sales does not justify its continued operation. The  remaining No 5 blast furnace underwent a major reline in 2009.  The immediate impact of the closure will be a halving of iron production; and correspondingly of downstream steel manufacture. BlueScope will also close the aging strip-rolling facility at Western Port in Victoria, originally designed to meet the automotive demand in Victoria and South Australia.

800 jobs will go at Port Kembla, 200 at Western Port and another 400 from local contractors.  The other Australian steelmaker OneSteel has also recently announced a workforce reduction of 400 jobs.

This announcement has reignited the 20th Century free trade versus protectionist economic and political debate. Labor backbenchers and the Greens want a Parliamentary enquiry. The Prime Minister (Julia Gillard) reportedly initially agreed, then, perhaps smelling trouble, demurred. No doubt 'Sir Humphrey' lurks not far back in the shadows. 

 

 

So what has and hasn't changed (disregarding a world pandemic presently raging)?

 

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