the growth forecasts are all wrong even if their luck holds on...

  1. ACB
    4,958 Posts.
    the growth forecasts are all wrong even if their luck holds on China

    the mining sector is booming right now yet we have a $50bn deficit and best ever terms of trade

    but Swan relies on things getting better - much better!

    even if his forecasts are met, government debt will be approaching $200bn before a cent is paid off in 2 years time (even that surplus is tiny)

 
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