Friday 3 October 2008

Back to the future - courtesy of corporate greed and political manipulation?

With the global financial markets appearing like houses of cards erected on shifting sands - it is comforting to realise that according to a US Treasury official the the humongous amount of the mooted financial bailout is "not based on any particular data point. We just wanted to choose a really large number" and that US Federal Reserve Chairman Ben Bernanke may have deliberately engineered an exacerbation of the US liquidity crisis in order to force Congress' hand on this rescue bid.
Let us hope as a nation we Aussies keep the same sense of humour which saw us through the last 'great unwinding'.

Cartoon displayed at The La Trobe Journal

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