Neither side of Australian politics is offering a sustainable program to cope with the international financial crisis that is pushing Australia towards an economic precipice. Patrick J. Byrne reports.Prime Minister Kevin Rudd has produced a $42 billion stimulus package and published a long essay, “The global financial crisis” (The Monthly, February, 2009), which accurately describes the world financial meltdown.He cites George Soros – the financial speculator who famously broke the Bank of Engla…
