"we should be aware that there are times for caution, times for aggression and times for coasting"
The ERP is suggesting time for aggression as argued by @madamswer.
The US credit cycle is suggesting tme for coasting moving into caution.
AUS 10yr. How much lower will it go? Which direction will it go when monetary policy and fiscal policy are co-ordinated to incentivise people to spend on goods and services. What is the antidote to debt.
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- Leading indicators of an economic contraction
Leading indicators of an economic contraction, page-323
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