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Old 20th Sep 2011, 15:18
  #256 (permalink)  
Zorro Polilla
 
Join Date: Apr 2011
Location: Bankstown
Age: 65
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seriously this thread is better than the Jerry Springer show
I'm right with you there avgas172 - there are few greater pleasures in life than sitting back with a freshly brewed coffee viewing the daily discomfiture and pitiful squealing of the disposessed born to rule, especially the blow-ins.

It must really get up the noses of the slow learners and doomsayers that Australia was the only developed western country in the entire world NOT to not fall into recession during the GFC thanks to the careful stewardship of Rudd/Gillard and especially Treasurer Wayne Swan.

An achievement which has now been recognised in the big wide world world which exists beyond the pond with Wayne Swan winning the prestigious global award of Finance Minister of the Year.

The only other Australian Treasurer to win the title from Euromoney magazine was Paul Keating in 1984, when he was dubbed the "world's greatest treasurer" by Bob Hawke.

Australia's longest-serving treasurer Peter Costello was never awarded the prize.


Mr Swan will be presented with the gong at a reception in Washington this week.

Euromoney said he won for his "swift response" to stop Australia falling into recession amid the global financial crisis and for maintaining one of the world's best-performing economies.

"Mr Swan receives his award for his careful stewardship of Australia's finances and economic performance both during and since the global financial crisis," Euromoney said.

World Bank president Robert Zoellick said the award strengthened Mr Swan's "global influence".

An International Monetary Fund report predicts Australia's economy will grow by 3.3 per cent next year - far ahead of the 1.9 per cent average for advanced economies.

Onya Swanny!!

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