ST Alpha - "the stimulus package was ~1% of GDP, which compared to most other western countries is quite modest." (Reading a Post)

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In response to "how weird, I just researched this last week, after a conversation with one of my sisters." by b.

the stimulus package was ~1% of GDP, which compared to most other western countries is quite modest.

Posted by mafic Aug 30 '10, 17:10

interest rates were cut from just over 7% to 3%, and unlike most other countries, have actually been going up for the last year.

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