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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Australia: Commodities crash to strain deficits

Posted on 27 October 2008

From The Australian: Australia is likely to confront a balance of payments crisis next year as the commodities boom ends with a crash.

Around the world, nations with current account deficits are being punished by markets. Australia will be swept into the contagion, which is likely to choke business funding and force up market interest rates…… Full Article: Source


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