Get Ready for the Second Wave of the GFC | BTalk Australia
By Phil Dobbie | August 25, 2009
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BNET Australia Contributors
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Melissa Lourenco is the HR manager for CBS Interactive in Australia.
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(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?
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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