Latin America’s ‘Made in the USA” 2014 Recession

I am not aware of anyone producing material like this her in Australia. Yet Australia’s ecnomy is well and truly mixed up in this picture.
Another recession a la 2007, and for similar reasons. In part Australians were cushioned from it, relatively speaking, by Rudd’s timely and somewhat cautious fiscal stimulus.
What would the Abbott-Hockey-Cormann- BCA response be whn it happens again? More Austerity? Probably, almost certainly … in order to protect the vultures of finance capital.

Author: Don Sutherland

I am a retired left wing and labour movement activist. Before that I worked for a long time in the Australian union movement in union education, Australian and international solidarity and organising. I am also active in Cuban solidarity, the SEARCH FOUNDATION, and promoting discussion, debate and action about green socialism based on workers control and social ownership.