There is this fictional country called Astraya.
The inhabitants sold their coal mines to the foreigner people who used to buy the coal from them at a higher price,
So the coal price will stabilise at a low price and new mines have no value except to those foreigners who will continue expanding and basically taking the coal for free. The foreigners will play the tax system to not pay tax and they will do everything cheaply because they want the coal for free.
This has been done with iron ore, gold and even more amazingly the Astrayans have let foreigners buy their best farms, their real estate and even their mortgages have been sold to foreigners.
So the astrayans goverment has to raise GST now because they are not making money from the foreign owned mortgages. The astrayan banks borrowed money from the Americanos Printing press that is churning out trillions and sending it around the world. The astrayans think their houses are so valuable that the 100s of percentages increases in property prices are deemed to be good value? They don't realise it's just cheap money that has been handed out without any control that has caused the property boom. It was not their own goverment lending it to the people and so now their own goverment has to raise GST as being bankrupt and with no future income form mortgages what else can they do?
The astrayans will have a few jobs but foreign workers are cheaper they come on visas.
The highly educated think they are insulated because nobody can do their jobs, you can send a factory to China but you can't send an engineer they smirk. Well how wrong are they. Already today most engineering and design is done overseas, because Astrayans are too expensive. The increased salaries required to pay the biggest mortgages in the world mean nobody wants to invest here.
So Astrayans will continue to sell anything they can to attract foreign money to stop the crash, and so they will sell everything and anything. And astrayans will tax and screw over other astrayans as much as they can to survive. This is the future. The young astrayans wil work hard for salaries that they will be told are the highest In The world but will hardly buy a shack .
Good luck Astraya