We were talking yesterday about the whacked out values in our consumer-mad society. Here is a living example of what it's all about. Meet the world's richest woman, Gina Rinehart from Australia. If it takes you a minute to read this post Gina will have made $24,000:00. That works out at $400:00 a second.
Don't tempt Gina with diamonds, they won't phase her. What makes her really drool is the sight of a chunk of iron ore. Her company digs millions of tons of it each year from the Outback and ships it to China and Japan.
It may be that the piece she is holding in her hand will be part of your Honda Civic next year.
At an estimated $100 billion in mineral holdings, Gina has a slight problem; how to get through the "eye of a needle."
Try giving a few billion away, Gina. You can do a lot of good in the earth and still afford a cottage on the Bondi Beach.
Jubilate.
Ian
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