I also watched the Steven Keen interview last night - and the...

I also watched the Steven Keen interview last night - and the outlook was extremely grim. However, Steven admitted he wasn't up to date on China's growth profile or available cash war chest - and China is the key.

Ideally, the 7.30 Report should have provided another viewpoint from an equally credentialled economist. Doom and gloom merchants come out of the woodwork at these times - we need to hear some balance.