Trump, Xi … and Navarro?
A rocky night for equities, the dollar and oil ahead of the G20. NAB’s David de Garis talks about what to expect, particularly as it seems Peter Navarro might gatecrash the meeting between President’s Trump and Xi.
Day: November 29, 2018
Living in a post growth economy
One for our listeners, Pieter Verhoeven, suggested we look at steady state economics and the post-growth economy. What needs to change if we are to accept the findings in Limits to Growth and what would life be like in a zero growth economy?
THE TWITTERATI
Markets chose to take a negative view on the extended period of near zero interest rates signalled by the Fed, says NAB’s Gavin Friend. It’s a reminder that it’s the virus that determines the extent of the recovery, everywhere. https://t.co/VcC49Eumrp
Even now, central banks cling to the idea of NAIRU – a point at which unemployment gets so low inflation kicks off. I ask Prof Steve Keen whether they wil ever abandon the idea of NAIRU? https://t.co/9pxpJvvs67