Economy will remain strong despite US turbulence: PM


	Economy will remain strong despite US turbulence: PM

tabsey

8-18-2007 5:52 AM

134 views

tags:

politics, economics

tabsey says:

GW's little mate Johny aims a bit of blame. He's all but named Greenspan as the perpetrator of the problems we all have.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e09e6844-1890-497d-a129-65f644c629f6/FE64D45B-FAB1-45C5-BCC2-680806B7CFE4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.abc.net.au/news/stories/2007/08/18/2008662.htm" href="http://www.abc.net.au/news/stories/2007/08/18/2008662.htm" style="font-size: 11px;">www.abc.net.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abc.net.au/news/stories/2007/08/18/2008662.htm"><P class="first">Prime Minister John Howard has warned Australians to prepare for the inevitable ramifications of global uncertainty in financial markets.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abc.net.au/news/stories/2007/08/18/2008662.htm"><P>Mr Howard told the Liberal party state conference in Adelaide the cause of the instability is not weakness in the Australian economy, but rather because of what he described as the delinquent way in which home borrowing has been allowed to grow in the United States.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/FE64D45B-FAB1-45C5-BCC2-680806B7CFE4/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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