peter costello, page-22

  1. 17,307 Posts.
    Sometimes you have to wonder what sort of gillible and blind dimwits the socialists assemble for their propaganda squads...

    Obviously not the sharpest tools in the tool-box...

    The principal and over-riding story of the GFC impact on Australia was that China decided to embark on a massive spending/stimulation program at that time, much of which involved converting the accumulated multi-trillion dollar mass of depreciating US dollars they held into commodity stockpiles...

    A great portion of the commodity stockpiles were purchased from Australian suppliers which kept the cash flowing into Australia with high demand for our mining products...

    Rudds bed-wetting-panic "throw cash out the window" stunt was a great benefit to Chinese manufacturers of TV screens and of course the pokies and pubs, but it remains primarly a propaganda stunt to be able to claim they did something...

 
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