Wednesday, February 29, 2012
What Australian newspapers say on Saturday, February 7, 2009
AAP General News (Australia)
02-07-2009
What Australian newspapers say on Saturday, February 7, 2009
SYDNEY, Feb 7 AAP - Nothing Australia can do will end the global financial disaster;
the challenge is to reduce the damage it does, The Weekend Australian says in its editorial
today.
The core of the crisis, the freeze in global credit, shows no sign of a lasting thaw.
Until money begins to flow through the arteries of commerce the global economy cannot recover.
Only the free-market economy can produce the profits and generate the jobs that are
the lifeblood of all economies, the newspaper says. "But the prime minister is right …
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