Ouuuch!!!!!..that hurt…but how did you know? Actually, of all the above I am only partially blind or as they say, partially sighted, but that was due to an accident when I was a kid.

((((( It appears you have this self imposed notion you are more knowledgeable than the Govt’s Ministers, The Treasury, The IMF, The Bankers etc.))))

Yawn!!!…you are so fucking boring… and typical of the think-tank, change-agent, agenda driven Looney Left. You’d fit in well at the Age newspaper.

How can you ignore this data? It’s not rocket science mate, first comes Day and then comes Night. If you hold back the Night to prolong the Day, then the Night is Darker and Longer.

Also, beware of the mini booms amid the bear market. In 1930 the market actually had a very brief mini boom during that recession but quickly followed by total economic collapse.

Stimuls is short term, sound economic planning is long term.

That is what we need to see being canvassed and developed most urgently.

Meanwhile, is it all possible the local car industry is currently affected by a whole slew of consumer negatives ranging from carbon and other pollutant costs, the sudden unwinding of first-world consumers’ confidence on the long-term - perhaps even immediate-term - future of petrol-powered vehicles, and the chaos surrounding the multi-national car industry’s future as a stock, industry sector and global hegemony if it persists in founding its products only on hydro-carbons.

Yep, the money went to pokies (no plasmas Adam?) and the rich bought Mercedes on your money. No stats. No proof. Not even subtle. Could have been straight out of the mouth of Joe Hockey.

Is it just me but why is it that so much commentary on economics in recent times seems to completely ignore the dynamics of the systems involved? What I’d give to the first economics commentator to stick a couple of block diagrams up and talk about inputs and outputs, shocks going in at various points at certain times, what we might do to suppress nasty effects coming out somewhere else at some set of lag times, etc.

By the way, one of those nasty output effects being suppressed is presumably reduced shifts (or layoffs) in some of the car industry related manufacturers. In a country with a social security net that supports unemployed people, the government makes savings by keeping a few more people in work (full time or part time!). If the industries involved tend to have older workers (and I don’t claim to know the age distribution in car production line work), then certainly for older workers it is a good idea to smooth out these bumps and have fewer lose their jobs as they might never get back on board … the tax paying wagon.

Nothing has been decided yet.

Time will tell

No need to congratulate or condemn anybody yet but its good to see an opposing view to the pro stimulus economic stories in the press.

I read somewhere that in 1928 they had a fall that the governments of the daythought they had handled but was followed by a much larger crash. Is this accurate?