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A comment on Australia approves 17-20GW solar power link to Singapore. Parent comment

Re:Australia approves 17-20GW solar power link to Singapore by bobthepanda on Wednesday August 21, 2024 @10:47AM (#41310838)
Australia famously is not a good place to manufacture anyways because the “resource curse” makes AUD expensive and exports noncompetitive.
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Re:Australia approves 17-20GW solar power link to Singapore by worthless-trash on Thursday August 22, 2024 @02:46AM (#41317489)
Can you expand on this, I don't see how it can be.
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Re:Australia approves 17-20GW solar power link to Singapore by bobthepanda on Thursday August 22, 2024 @03:25AM (#41317657)
https://en.wikipedia.org/wiki/Dutch_disease

Natural resource sales send USD to Australia. AUD is now worth more because it is backed by more USD. Manufactured exports are also traded in USD, so Australian exports become much more expensive because workers and local materials are paid for in AUD.

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