If I recall during '93 unemployment hit 1M (I think 10%??)and yet int. rates were still around 4.5%
This total nut case reckons int. rate will be 0% in early 2010 and yet he is trying to say unemployment will only be 20%. More likely 40%+.
If int rates ever get to 0% (and btw they will never have been according to RBA website or never will be) the Australian economy would grind to an total halt.
I'm not lover of the current govt, by even they would just not let happen.
Keen is getting his 15 mins fame, where was this goose 6 months ago. Just when things look the darkest out comes all the doomsayers with "the world ia about to end"
I agree with the poster "Cdchi1" ABC should be have never allowed that crap go to air.
