Fred McDougall

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Global markets have fallen dramatically over fear of a US double dip recession and global downturn. AAP

Global market carnage: experts respond

Fred McDougall, University of Adelaide; Bruce Littleboy, The University of Queensland, and Harry Scheule, University of Technology Sydney

The Australian share market has followed Wall street overnight and other global markets, with as much as $60 billion wiped in value throughout the day. The Reserve Bank of Australia has cut the forecast…

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