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This year’s economic outlook is for shocks, which could be “on the upside” – which is what economists call what the rest of us call a nice surprise – but only an unwise person would bet on it.
“The lesson of the past few years is to expect shocks,” Westpac Bank chief economist Brendan
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Rob Hosking
Thu, 20 Jan 2011
Thu, 20 Jan 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Friday: The outlook: prepare for more shocks
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