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The two speed economy, debt and the fantasyland federal budget.

May 17th, 2010 · 39 Comments

Now that the major stock markets around the world are falling the Australian media have become obsessed with the concept of a “two speed economy”. I am not sure who first started using this term, maybe it was the gurus at the Treasury or the Reserve Bank, but in my view there is no such thing as a two speed economy. The situation we have now is that the economy has simply been mismanaged.

Tags: Economy · Opinion · technology


 


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