Causes of the GFC

[Jovial Monk]

In Treasury is a recognised world expert on macroeconomics, David Gruen. If you watch Senate Estimates committee hearings you may have seen the hilarious sight of Ken Henry, David Gruen & other Treasury boffins looking puzzled at each other to see who might have half understood the stupid question asked by one of the chooks: Barnyard, Abetz or Coonan.

Anyway, download & read this:

http://www.treasury.gov.au/contentitem. ... entID=1564