The recent IMF Report predicts China’s growth will be 6.5% in 2009 while the advanced economies will drop by -3.8%. This is a huge difference.
China’s growth is holding up because the Chinese government control the money supply. The rest of the world is in a mess because the banks have created too many loans for [...]
The government can fund the broadband network and give the economy an immediate stimulus without going into debt.
To do this the government issues every citizen in Australia with shares in the new Company with a face value of $2500. Anyone who wants the shares registers to obtain them. Many people will keep them and many [...]