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Australian politicians fiddle while Australian economy unravels

Without the cheap fertiliser that comes from plentiful petroleum, most of the enormous gains in production made in the last 50 years, which have permitted human economies to support enormous populations, will disappear. We can see signs of this whole economic structure fraying in the food riots in poor countries, the profiteering over state-subsidised 'biofuel' production in the US (fatal for soils, which are everyone's greatest wealth), the organised protests in France, and, most arcanely, the ridiculous and pathetic arguments over minor tax relief at the bowser in Australia. Question to all: Does Australia have even stupider politicians than the USA?