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ECONOMIC AFFAIRS: Can Rudd save Australia from the global slump?

Patrick J. ByrneFeb 21, 20096 min read

Neither side of Australian politics is offering a sustainable program to cope with the international financial crisis that is pushing Australia towards an economic precipice. Patrick J. Byrne reports.Prime Minister Kevin Rudd has produced a $42 billion stimulus package and published a long essay, “The global financial crisis” (The Monthly, February, 2009), which accurately describes the world financial meltdown.He cites George Soros -…

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