Where is the Australian economy really at?
Oct
09
It’s been interesting to watch the news the past few days and hear the talk about how the Australian economy as suddenly gone from feeling the long-term effects of a recession to a buyount economy within the space of a few days. It’s always tough to judge between the varying advice and reports. Safe to say, no one is really 100% of what to make of the economy just yet, but the following post by Steve Keen is a great place to start thinking about things in the right way.
by @gapingvoid
Do yourself a favor and give it a read. It can be found at the link below.
http://www.debtdeflation.com/blogs/2009/10/06/rba-gets-it-wrong-again/