Did Rudd save us?, page-7

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    But I will say this, the ... intense interest that Prime Minister Rudd showed in the issues and the fact he got on to them so early is a great credit to him actually. The story has been told that as early as the 29th of February, 2008, which is, what, 6-7 months before Lehman’s collapsed – he asked me straight out on a VIP plane flight to Gladstone... : “what’s the worst thing that could happen?”. And my brain was not in that space and it should have been and it took me a while to understand he was talking about the possibility of a Global Financial Crisis hitting Australia and how that would effect [sic] Australia. And I think that’s to his very great credit that he was so far ahead of where well so far ahead of where the world was, and a long way ahead of where we were in the Treasury, even though we’d been thinking about these issues in the abstract.

    http://www.abc.net.au/7.30/content/2012/s3503553.htm
    Last edited by struggler: 02/01/16
 
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