Fending off Lagarde's apocalypse

It's true Australia's in a better position than most of the world to manage a European meltdown, but the inevitable shockwaves make it in everyone's interest to save Europe from itself.

The International Monetary Fund’s Christine Lagarde provided a dramatic and chilling warning overnight for the rest of the world – including Australia – if Europe isn’t able to defuse the ticking time bomb at the heart of the global financial system and economy that it has created.

Maybe it was melodramatic, but Lagarde outlined a future of "economic retraction, rising protectionism and isolation" unless the crisis was brought under control. She even referred to the Great Depression.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles