Latin America’s ‘Made in the USA” 2014 Recession

I am not aware of anyone producing material like this her in Australia. Yet Australia’s ecnomy is well and truly mixed up in this picture. Another recession a la 2007, and for similar reasons. In part Australians were cushioned from it, relatively speaking, by Rudd’s timely and somewhat cautious fiscal stimulus. What would the Abbott-Hockey-Cormann- BCA response be whn it happens again? More Austerity? Probably, almost certainly … in order to protect the vultures of finance capital.

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