Radio National Sunday Extra June 10, 2012
20 minutes, play or RIGHT CLICK to download mp3
"Is the end nigh? Is everything we know and trust in the world economy about to collapse? And if so, what might come after the economic apocalypse? The news is currently filled with grim predictions about markets and economies—sovereign debt, austerity, loans and credit default swaps are the buzzwords of our time. Our panel explores the eurozone crisis and the world's present economic woes, and discusses what the economy of the future might look like."
. Don't treat fiscal policy as a morality play. This could be 1930 - IMF
. Recommendation overtaken by events. It's up to the board.
. A cut of 0.50 points? Again?