Henry Thornton on Australian Ingenuity and Doing the "Hard Yards" to deal with adversity.

The Australian way is to respond to crises with vigour and determination. Not to rely on handouts and welfare. Australians' response to the series of natural disasters experienced early in 2009 - including the extensive flooding in North Queensland and the destructive and horrendous bushfires throughout much of Victoria, shows the values that Australians hold most dear.

If the response of Australians to these terrible situations is any guide, Australians will rise to the occasion in dealing with the global financial and economic maelstrom that is starting to wash ashore in the 'Lucky Country.'

Category:

News & Politics

Tags:

• bushfires
• capitalism
• Peter Jonson
• Henry Thornton
• Canberra
• Kevin Rudd
• Wayne Swan
• Malcolm Turnbull
• socialism
• ingenuity
• GFC
• Global Financial Crisis
• Obama
• Pelosi
• Federal Reserve
• RBA
• Glenn Stevens
• interest rates
• inflation
• Mervyn King
• Bank of England
• Gordon Brown
• Tony Blair
• euro
• ecb
• Trichet
• Bernanke
• sub-prime
• CDOs

[JustOneGoat]

Banks dont lend when their risk managers alert them to the future asset price that is being held as security. As a 30 year veteran of risk management with one of the large banks your oh lets get the banks to lend just shows your total misunderstanding of what is happening. Australia has the largest housing price bubble in the world no wonder the banks have tightened their lending..

Crazy stuff, boring and just plain wrong.

[embers17]

oh please don't compare aussie bushfies to the NWO engineered economic crisis. The only reason I'm making a comment is t try to wake you up. Stop using those sutpid Keynsean terms to impress people. They don't..