Yes dust, Swan has really used his Arts degree to it fullest capacity, yet the Rhodes scholar with an economics degree has no idea.
Get a grip man!
Explain to me how other countries around the world spent a much greater percentage of GDP on stimulus in a better bang for your buck fashion, yet still went into recession and still lost thousands of jobs?
Allow me to answer for you, the state of the economy handed on a silver platter BEFORE the GFC. The massive demand from China whose growth slowed to a little OVER 8% of GDP.
I think, not 100% certain, but I think if I explained this extremely slowly and carefully over the space of 3 or 4 weeks, even your idol Swan may get it! Probs not though!
