"Australia is actually very good at digging things out of the ground, putting them on a ship and sending them overseas and paying a lot of money to buy them back as a finished good."
"...what would we have done with the money but buy more Chinese goods?"
"Not so long ago, I had to get a taxi from the centre of Guangzhou, a large city in southern China, to its local airport. The cost in Chinese money was £10. When I got back to Heathrow, I had to get a taxi to central London – about the same distance as the taxi ride in Guangzhou. The cost was £70."
"Officials all over the world are going to be balancing the need to protect life with the need to resume economic activity for a long time to come."
"Understand that this is not a short-term crisis that will correct itself. This is a long-term disaster."
"Our just-in-time merchandising is dangerous."