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consequences: it obscures the economic structure of the problem itself, weakening the crisis to stimulate economic restructuring and innovation leverage, and the formation of stagflation. Faced began in the 1970s in Western countries increasingly serious problem of stagflation, with Friedman as the representative of monetary doctrine began to rise.Friedman believes that the Keynesian economic policy is based on unemployment and inflation on interchangeable, but the reality is that both can be used interchangeably in the short term, due to people's rational expectations in the long term as well as through increase the protection of their own interests and are not interchangeable. In this case, the expansionary fiscal policybuy timberland boat shoes will bring stagflation. Accordingly, Friedman proposed a "single rule" of monetary policy, asking the Government to the annual growth rate of money supply in the long-term fixed consistent with the expected economic growth levels.After the subprime mortgage crisis, scholars in theory the emergence of different arguments. When the Bush administration's Treasury Minister Henry  Paulson was firmly opposed to government intervention in the free market, but under the severe impact of the crisis, he had to start from a realistic consideration, change policy advocates, argue that direct government intervention in the market.Stiglitz subsequently published "The End of neoliberalism," a text that the neo-liberal market fundamentalism was always a political doctrine serving certain interests, and never supported by economic theory, historical experience has not been confirmed Learning this lesson may be clouded now a glimmer of hope in the world economy.For this type of emergency bailout policies nature, Krugman won the Nobel Prize in economics in the day, in the "New York Times" published an article discussing the bailout issue, criticized the Bush administration's "two always" (the market is always right The government is always wrong), and proposed a crisis response plan:First, to avoid paralysis of the financial system, implementation method is to inject more funds through traditional banking and shadow banking to the financial system, if a capital injection effect is not significant to the financial system can implement a comprehensive temporary nationalization; secondly, the credit market recovery After taking efficient Keynesian fiscal stimulus measures to address the threat of global recession; and finally, when the economy recovery momentum, then you must turn to preventive measures to reform the financial system and prevent crisis again. (This article is selected from

the Assistant Chairman of China Securities Regulatory Commission Zhang Yujun book, "Financial Crisis and Reform") in Australia since the signing of free trade agreements led to numerous disputes, generally worried after four years in Australia will impact China's dairy market and give a huge dairy farming threat. The reason is the same with the Australian Dairy advantage of cheap, convenient and Australia plus shipping traffic, low logistics costs, future addition to iron ore, coal, meat, milk, represented by agricultural trade will be the largest project in Australia . 2013-2014 year, the average purchase price of raw milk in Australia 2.9 yuan / liter, compared to Chinese raw milk price of up to 3.9 yuan / liter, while the price of a large ranch is reached 4.5-5 yuan / liter.But in fact, compared with the New Zealand and Europe, Australia and the impact of China's dairy industry has little effect. New Zealand about 4.5 million dairy cows, milk output of about 20 million tons, mainly the production of milk and other raw material products, including the production of about 1.3 million tons of whole milk powder, skim milk powder 400,000 tons.New Zealandbuy timberland chukka boots native population of 4 million, about 70 kg per capita dairy consumption, therefore, approximately 95% of the dairy for export, in 2014, New Zealand is expected to export about 3 million tons of dairy products, including whole milk powder exports about 1.3 million tons. Compared to about 2 million Australian cows, milk production is about 10 million tons, the Australian population of 11 million people, more than 100 kg per capita dairy consumption, so the New Zealand dairy products for export is relatively small, especially as good as the raw material of dairy export advantage new Zealand.Europe is the birthplace of the modern dairy industry, Germany, France, the Netherlands, Denmark and many other countries are developed dairy industry. Owns Nestle, Danone, Friesland, Allah, Suo Diya other famous large dairy production enterprises, rich category, hundreds of well-known brands around. In terms of finished products and brands, Australia and Europe far. At present, the major infant formula market in Australia with Danone, Mead Johnson, Abbott based.Therefore, the finished product and the brand better than Europe, Australia export advantage. Australia currently has a comparative advantage in the export is UHT milk, famous brand "De Win" has a certain influence in China, due to the relative


transport facilitation, transport radius is short, so it has a certain advantage in the UHT milk shelf life. But the overall proportion of imports in the domestic low, 1-9 months of this year, China imported UHT milk in Australia about 26,800 tons, 11.2 percent of total imports.Australia belong to the resource-based trade complementary advantages, the FTA will contribute to Australia cheap agricultural products, energy, mineral products to enter the Chinese market to meet China's growing consumer demand. In the long run, in the whole agricultural products, as opposed to milk, meat, aquatic products imported in the future a greater impact on China.In addition, Australia FTA advantages outweigh the disadvantages, more performance in Australia greatly reduce the threshold for access to the Chinese capital. Due to Australia's rich resources, the future of China's demand for New Zealand again after security is a good platform, but agricultural resource control and trade the right to speak are firmly in the hands of large foreign companies.Australia reduced Chinese capital barriers to entry, will greatly stimulate China's industrial capital investment in Australia agro industry, thereby supporting role for the future of China's dairy industry in international trade voice and pricing play. In addition to dairy products, is the Australian cooperation in areas such as energy and minerals in Australia FTA most attractive and most valuable parts.Currently, the dairy industry is concerned, Yili, Mengniu, Guangming, Sanyuan, Bein US (16.10, 0.04, 0.25%) and New Hope (14.09, 0.08, 0.57%) has a layout and investment. I believe that the enormous potential for the future of Australia's dairy industry, but a large part of these latent growth is expected to be China's capital investments. In Chinasale timberland boots online in the 1980s, Ken Takakura's "manly" image and the "under mountain garland" in Tang Guoqiang this Naiyouxiaosheng relative ratio. Undoubtedly Takakura is drama off screen tough guy, but Chinese fans familiar Takakura and Japanese movie Takakura and not the same, because then dubbed the introduction of the "hunt" "Happy Yellow Handkerchief," "mountains of calling for" "Strait "" Katherine rule tavern "and several lay Takakura image of the film, in his late works, represents only one side of Takakura.Takakura gifted with a burly strong, silent man Showa good looks, on behalf of the postwar positive, hard work, courage to play, calm and confiden