In the following video noted historian Niall Ferguson notes that in today's inter-connected global economic system govt. stimulus programs tend to "leak" into places they were not designed to go. Such as commodities, precious metals and emerging markets. Whilst Niall is discussing the US situation it is also, if not more so, relevant to Australia. If it was not for China embarking on the world's biggest stimulus program in September 2008, and much of that stimulus "leaking" into demand for Australian coal, gas and minerals Australia would have not avoided recession, no mater what Batman and Kevin would have liked you to believe at the time.
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