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Government policy in 2008 has no impact on the price of iron ore...

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Reaper11

22,611 Posts.

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02/01/16

00:58

Post #: 16714272
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Originally posted by Glug ↑

What do you mean by "saved us"?

Would we have been worse off without the stimulus, well yes we would have been definitely.

How much worse would things have been without the stimulus?

Note:
* The libs supported the stimulus because they thought it was necessary and that we would be worse off without it.
* Australian stocks were over priced in 2007-08, even without the GFC there was a high risk of a major correction.
* The stock market isn't the only measure of the health of the nation.

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Government policy in 2008 has no impact on the price of iron ore or LNG in 2015/16.

Reaper.
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