Australian Treasure Swan Says Europe, U.S. Fiscal Cliff Are Risk To Global Outlook

  • EU needs fiscal union to provide stability.
  • Says China policy makers have flexibility to respond.
  • Says fundamentals in economy are strong.
  • Some Australian consumers are cautious.
  • There are uncertainties in global economy.
  • Need to see glass half-full not half-empty.

I think he might get a few of both thrown at him after saying “cranks and crazies” taken over US Republicans. And I USED to like the guy.

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