Australian central bank board member Warwick McKibbin said. The fiscal outlook ?is what I call the slow motion train wreck -- the first carriage to break is going to be the Greek economy, but we have a series of economies facing very serious fiscal adjustment
Wayne Swan in a speech at the same Melbourne conference today said: ?Some have a dire view of what?s happening in Europe. I don?t share those views.?
He doesn't share those views because he just put up Australia's borrowing limit to $250 Billion and probably still thinks that the rest of the world can as well.
Thats $250,000,000,000 - whats the interest bill Wayne?