Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Sunday 26/05/2024, 11:04:52

11/11/2008 11:30:24 am
Now That Is a Stimulus Package. I just arrived in Brussels, mainly to do four speeches on free-market reforms after the financial crisis - in two days. I just read about the stimulus package launched by the Chinese government. Apparently, they think a growth rate at 9 per cent is far too low. The total amount in the package is equivalent to 20 % of China′s GDP. The US package was 5 % of US GDP. Apparently, China will direct their stimuls towards infrastructure and the countryside that has so far largely not enjoyed the economic boom.

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