The US government shutdown is now in it’s 25th day but, as Phil Dobbie discusses with NAB’s Tapas Strickland, the direction of the global economy is a bigger concern. China’s export and import figures were well below target yesterday, and Europe delivered very weak industrial figures too. So, can Australia expect to avoid a slowdown, if it is happening? And what of Brexit – within 24 hours Theresa May is likely to have her plan voted down in parliament. Is a second referendum now looking like the most likely outcome or will she manage to get a revised plan agreed?
-
Split between the economy, the virus and China
Markets are being driven by economic data but NAB’s Rodrigo Catril says rising COVID-19 infections and tensions with China could soon take over.
-
Productivity through growth – why it makes sense to run the economy hot
Was Dutch economist Verdoorn right when he declared that people are productive when the economy is doing well? A positive spiral. Steve Keen says yes he was, but not necessarily for the right reasons.
-
Davos does diddly-squat
Davos delivered nothing – I ask @Profsdtevekeen what should be done about climate change on today’s #debunkingeconomics podcast.
