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May 15th, 2012 
FAKE NEWS for the Zionist agenda Europe’s economic turmoil could turn Australia into a safe haven for global capital, former treasury secretary Ken Henry says.
Mr Henry said the unfolding economic crisis in Europe will create large capital movements.
“It’s quite possible that some of that capital will come into Australia,” he told ABC TV.
“Australia will be seen as offering something of a safe haven.”
He said Europe’s collapse would be both good and bad for Australia.
It would mean a higher valued Australian dollar, he said.
“The good news side of it is, that is possible maybe even likely that any capital flight associated with problems in Europe would make it easier for Australia to finance its current account deficit,” he said.
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