Nothing to fear but fear itself?

摘要

ANALYST and economic forecaster BIS Shrapnel said late last year that in regard to the global financial crisis there was nothing to fear except fear itself and there would be a downturn but no recession for Australia. According to BIS Shrapnel's Economic Outlook bulletin, the measures taken by the Reserve Bank of Australia and the Federal Government would reboot the flailing economy. It believed the Australian economy will be boosted in the short-term by the strength of investment as "the current round of projects are finished, the drought eases and exports strengthen as extra capacity from the minerals boom comes on-stream."