I liked the article. Wayne Swan in particular talking like commodity prices wont and cant fall off a cliff is hilarious.
And the IMF encouraging higher levels of taxes before the end of a boom is just stupid given the pain it could cause during tough times ... recipe for a socialist outcome.
And the IMF saying don't raise rates just yet? Well how else are we to slow the crazy amount of borrowing that's leading up to this said disaster that could fall upon us? And as it turned out high interest rates were a blessing at the beginning of the GFC, giving the reserve the ability to stimulate every bit (if not more) as much as the government did.
