Why $10 billion? Because it’s a bucket-load of money
and we’re facing a bucket-load of trouble Unlike the US and much of Europe, we are not actually in that much trouble yet. Our well-run financial system and extraordinarily high export prices have bought us time. The best forecasts suggest that almost all of the developed world is facing recession.
In six of the world’s biggest economies economic growth has slowed to an annual rate of 0.5% or. Tue Oct 2008 11:10 (1 month, 1 week ago)
In six of the world’s biggest economies economic growth has slowed to an annual rate of 0.5% or. Tue Oct 2008 11:10 (1 month, 1 week ago)
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