The road to nowhere without multinationals

Our economy is hanging on by its finger nails. We are borrowed to the hilt and will be paying it back forever. One of the saving graces we still have is the continuing growth of our exports. largely thanks to multinationals.

Those companies, by and large, only have limited, albeit highly qualified, well-educated, well-paid employment.

However, on its own, our export-led economy will not pull us back from the brink. The hope, even intent, is that the export-led economy will spin-off into the domestic economy, provide much-needed employment through spin-offs and increased spending, and help us to grow again.