aust ecomomy in freefall, page-48

  1. 5,500 Posts.
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    "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.



 
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