XJO 0.43% 7,788.5 s&p/asx 200

the moment of truth has arrived, page-55

  1. 3,698 Posts.
    Hardball...
    are you watching Lateline

    Joseph Stiglitz, the Noble prize winner for economics
    is talking

    telling like it is

    interest rates won't stimulate the economy

    no body in there right mind will borrow money to fund a falling asset

    what about fiscal policy

    could war stimulate the economy?

    no...

    the money isn't being spent in the US

    we could well be in bull trap.

 
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