Australia can ride out US recession: Macquarie Bank economist

News Type: Event — Seeded on Thu Jan 10, 2008 5:51 AM EST

Article Source: Australian Broadcasting Corporation

business, economy, china, australia, india, recession, depression, banks, banking

Well, maybe. More accurately, Australia can delay the onset of a recession from the US with the economies of China and India. If the US recession is shallow and short, then most probably Australia can escape relatively unscathed. But if the recession lasts for more than 4 quarters and sees a contraction of greater than 3% year on year, then Australia better get ready for a rocky ride...

Published to:

Bozzor's Column, All of Newsvine
Groups: Australian Viners
Regions: none

{"canLink":false,"threadId":0,"isPrivate":false}

Leave a Comment:

You're in Easy Mode. If you prefer, you can use XHTML Mode instead.

Newsvine Privacy Statement

As a new user, you may notice a few temporary content restrictions. Click here for more info.

{"threadId":0,"contentId":"1216831"}

Start Tracking

Stop Tracking

Recession may already be here	CNN	Wed Jan 9	1
Voices of Warning: 2008 Recession or Depression Likely « Daily Liberty Research	nyletterpress.wordpress.com	Mon Jan 14	0
Odds Are Growing for Economic Recession	Associated Press	Sun Jan 13	26

BOZZOR

Backyard

Australia can ride out US recession: Macquarie Bank economist

Published to:

FUN STUFF:

COMPANY STUFF:

LEGAL STUFF: