"Look at a GDP graph over the last 5 years or so
Then take out the Resource component...
Tell me if thats not a recession...
Swan Rudd and co did not save us from a recession , the miners did , ..stimulus packages did not work in the USA,"
baxtermcfaxter,
I think you will find that the drop in mining and associated exports was one of the biggest drivers of the negative trend in growth during the GFC.
- Forums
- ASX - General
- aust ecomomy in freefall
aust ecomomy in freefall, page-48
Featured News
Featured News
The Watchlist
RAC
RACE ONCOLOGY LTD
Dr Pete Smith, Executive Chairman
Dr Pete Smith
Executive Chairman
SPONSORED BY The Market Online