to parity with the USD. The second quarter GDP figures released today by the Australian Bureau of Statistics could provide some data relief for the dollar and the share market. But those GDP numbers will only tell us where we've been, not where we're going. To figure out where we're going, check out Fortescue . The company announced overnight that it will sell a power station in Western Australia for around $300 million. In another money-saving move, its delaying $1.6 billion in spending that would expand iron ore production by 40 million tonnes. And it's firing 1,000 workers. All of this could be a tempest in a tea cup. Maybe when Xi Jinping and Li Keqiang take over the reins of the Chinese Communist Party from Wen Jiabao and Hu Jintao sometime next month, they'll put together a massive stimulus program designed to boost their political fortunes. Maybe it will be like 2009 all over again, but better. We'll see. About the Author Dan Denning is the author of 2005's best-selling The Bull Hunter (John Wiley & Sons). He began his financial publishing career in 1997 and has covered financial markets form Baltimore, Paris, London and, beginning in 2005 Melbourne. He's the editor of The Daily Reckoning Australia and the Publisher of Port Phillip Publishing. Who introduced the concept of a level playing field? Economists? What happened to sensible tariffs and subsidies? Were they only for unfair vested interests? Maybe a few knowledgeable people might realize that every geographical location