TjamesX
20th-June-2005, 02:03 PM
Recent speech made by Macfarlane about the state of the local and global economy;
http://www.rba.gov.au/Speeches/2005/sp_gov_140605.html
Well worth a read, some very interesting statements, and above all is very easy to read (for all us amature economists) and may help in deciding what you will/will not own as shareholders
General conclusion: slow down in local economy will be helped with the fact that we are still at the early states of global expansion.
http://www.rba.gov.au/Speeches/2005/sp_gov_140605.html
Well worth a read, some very interesting statements, and above all is very easy to read (for all us amature economists) and may help in deciding what you will/will not own as shareholders
General conclusion: slow down in local economy will be helped with the fact that we are still at the early states of global expansion.
