The pound was boosted by the promise that, if Theresa May’s revised deal doesn’t pass through parliament, then there could be a vote on delaying Brexit. But, as Phil Dobbie discusses with NAB’s Gavin Friend, there’s a dangerous step in between. They also discuss the vibe coming from Jerome Powell’s testimony before Congress, and the mixed data from the US overnight. Plus, what’s the story with oil; big falls yesterday, bouncing back today. And quite a few facts and figures to look out for in the next 24 hours.
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The economics of scarcity
The notion of scarcity is at the heart of economic theory. And it’s wrong, Prof Steve Keen tells Phil Dobbie in this week’s Debunking Economics podcast. Listen into find out why.
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The recession we only just had to have
Australia’s only-just recession, the dangers of more bond buying from the ECB and could Brexit talks fall apart? NAB’s Gavin Friend on The Morning Call today.
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Free Trade with India
India is already Australia’s third biggest export market, accounting for 8 percent of our total exports. So what will change with a free trade agreement?
