Sentences with phrase «economic basket case»

But even that horrifying prospect for Australian power punters, is to ignore the chaos that attempting to integrate a wholly weather dependent power generation system has on power markets, such as Australia's so - called wind power capital — and resultant economic basket case — South Australia:
The Australian Chamber of Commerce and Industry has taken a harder line, warning there was a risk Australia could become an economic basket case like Greece or Spain if the May budget didn't curb «runaway spending» on the aged pension, family tax benefits and childcare.
«We're an economic basket case.
Under governors dating back to the mystical Mario, the once - proud Empire State has been, it seems to me, an economic basket case.
Iceland scores high on international assessments, but in the global crisis of 2008 — 2009 it became an economic basket case with a national debt equal to 850 percent of its gross domestic product.
The more I have read JoNova's blog posts about the what is happening in Australia the more I am beginning to believe that the government is trying to make the country into an economic basket case in order to gain as much control over the population as it can.
*** South Australia is an economic basket case, thanks, in no small part, to its obsession with wind power.
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