{"id":873,"date":"2011-09-20T22:23:22","date_gmt":"2011-09-21T02:23:22","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=873"},"modified":"2011-09-20T22:23:22","modified_gmt":"2011-09-21T02:23:22","slug":"imf-slashes-australian-growth-macrobusiness-com-au","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/","title":{"rendered":"IMF slashes Australian growth – macrobusiness.com.au"},"content":{"rendered":"

In short, the West must stimulate with a credible longer term deficit reduction plan, the East must dump its mercantilism and banks must be reigned in everywhere. All eminently sane — and the opposite of what\u2019s happening.<\/p><\/blockquote>\n

via IMF slashes Australian growth – macrobusiness.com.au<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In short, the West must stimulate with a credible longer term deficit reduction plan, the East must dump its mercantilism and banks must be reigned in everywhere. All eminently sane — and the opposite of what\u2019s happening. via IMF slashes Australian growth – macrobusiness.com.au<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,33,34],"tags":[381,988,2282],"class_list":["post-873","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-banks","tag-deficit-reduction","tag-mercantilism"],"yoast_head":"\nIMF slashes Australian growth - macrobusiness.com.au - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF slashes Australian growth - macrobusiness.com.au - the patient investor\" \/>\n<meta property=\"og:description\" content=\"In short, the West must stimulate with a credible longer term deficit reduction plan, the East must dump its mercantilism and banks must be reigned in everywhere. 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All eminently sane — and the opposite of what\u2019s happening. via IMF slashes Australian growth – macrobusiness.com.au","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-09-21T02:23:22+00:00","author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"IMF slashes Australian growth – macrobusiness.com.au","datePublished":"2011-09-21T02:23:22+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/"},"wordCount":55,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["banks","deficit reduction","mercantilism"],"articleSection":["China & HK","UK & Europe","US & Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/","name":"IMF slashes Australian growth - macrobusiness.com.au - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2011-09-21T02:23:22+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-slashes-australian-growth-macrobusiness-com-au\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"IMF slashes Australian growth – macrobusiness.com.au"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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These are stress tests and scenarios not yet reality. But, there is logic in the thought that we currently face the possibility of the final two scenarios happening simultaneously. That is, a Western recession triggered by European and US austerity (not to mention\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":823,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/rbnz-throws-cold-water-on-rba-macrobusiness-com-au\/","url_meta":{"origin":873,"position":1},"title":"RBNZ throws cold water on RBA – macrobusiness.com.au","author":"ColinTwiggs","date":"September 19, 2011","format":false,"excerpt":"What should be clear...... is that the growth in Australian housing values has been funded, to a large extent, by foreign borrowings, much of it short-term. A key risk going forward is that the banks\u2019 ability to refinance their borrowings rests with the willingness of foreign investors to continue to\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6244,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/21\/sp-declares-australia-a-one-trick-pony-macrobusiness-com-au\/","url_meta":{"origin":873,"position":2},"title":"S&P declares Australia a \u201cone trick pony\u201d | macrobusiness.com.au","author":"Colin Twiggs","date":"November 21, 2012","format":false,"excerpt":"By Houses and Holes on November 22, 2012 London-based Kyran Curry, the long-time primary credit analyst for Australia at S&P, is back and the news is getting worse. From the AFR: \u201cThe banks are highly indebted, they\u2019re highly leveraged, they are the main vehicle Australia uses to fund its current\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"One-Trick Pony","src":"https:\/\/i0.wp.com\/www.macrobusiness.com.au\/wp-content\/uploads\/2012\/11\/one-trick-pony-300x204.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2324,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/23\/the-credit-crunch-is-coming-macrobusiness-com-au\/","url_meta":{"origin":873,"position":3},"title":"The credit crunch is coming – macrobusiness.com.au","author":"ColinTwiggs","date":"November 23, 2011","format":false,"excerpt":"The SMH has [a] very important story this morning on the funding crisis that is bearing down on the major banks: Australian banks are preparing for a potential freeze in global funding markets as Europe\u2019s worsening stresses threaten to send the world\u2019s financial markets into a tailspin. Renewed funding pressures\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":871,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/imf-survey-weak-and-bumpy-global-recovery-ahead\/","url_meta":{"origin":873,"position":4},"title":"IMF Survey: Weak and Bumpy Global Recovery Ahead","author":"ColinTwiggs","date":"September 20, 2011","format":false,"excerpt":"The risks to the global economy are many, but three in particular demand strong action by policymakers: \u2022 In the euro area, banks must be made stronger, not only to avoid deleveraging and maintain growth, but also, and more importantly, to reduce risks of vicious feedback loops between low growth,\u2026","rel":"","context":"In "Japan & Korea"","block_context":{"text":"Japan & Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1796,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/06\/asx-value-trap-macrobusiness-com-au\/","url_meta":{"origin":873,"position":5},"title":"ASX value trap – macrobusiness.com.au","author":"ColinTwiggs","date":"November 6, 2011","format":false,"excerpt":"Merrill Lynch reckons growth forecasts for next financial year have now dropped to below 10%, down from 19% last May. That is a pretty sharp fall, suggesting that, amongst other things, the deleveraging of indebted Australian households is having a deep impact. Merrill also notes that resources stocks are yet\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=873"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/873\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}