Get Ready for the Second Wave of the GFC | BTalk Australia

Last Updated Aug 25, 2009 10:13 PM EDT

Podcast

(Episode 316; 12 minutes 27) There's a lot of talk of green shoots for the world economy, but after months of pessimism are we simply talking up the future?

Wikimedia Commons

Will Ireland leave the Euro? source: Wikimedia Commons


Dr Vince Hooper from the Australian School of Business says we need to get ready for the second wave of the crisis. This time, though, the bad news will stem from Europe with the potential collapse of the Euro. The US, he says, "is out of the emergency room".

In today's BTalk Australia he explains to Phil Dobbie why this could be bad news for Australia. Perhaps the second wave will be bigger than the first.

Tell us what you think in the Talkback section at the end of this post.

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