Good news for very few, save those travelling abroad, or those importing stuff.

Expect to see further falls in oil prices the real signal of an economy in crisis and a retreat into safe harbour currencies like the OZ.
Alan B.

Dear Morgans Financial Limited

Face it blokes.

Its your eggnog talking.

Poida

There have been many attacks against Trump. Perhaps the author hasn't used the prospect of a US Recession to prove Trump mismanagement- but Trump has induced in the Left a hysteria unseen in recent years. Given that Trump is apparently more concerned with US jobs and US interest rather than "pure profit" he could raise concerns within Republican/ Free Trade/ Global Capitalist ranks.

It's always interesting when the left and right join forces against the US people- like they have done with immigration.

Accountants often appear to understand cost but not value. Macroeconomics often appears to be used to address issues of microeconomics- seemingly jumping straight from problem to solution without the step of experimentation. In the military forces productive power appears to have its basis in large numbers of identical productive units. This is due to basic training followed by role based training. School used to focus on the 3R's- now our children have declining levels of literacy in these topics. How will this affect productivity?

Some commentators have discussed the idea of the falacy of unlimited growth- if unlimited growth is impossible the world will likely see more recessions.

It may come to pass that recession is a sign of a healthy community.

if unlimited growth is impossible the world will likely see more recessions.
Canem Malum,
From my observations there are too many on unrealistically high salaries in non-productive employment i.e. profit generating.
How could this trend be prevented from blowing out even further and, in your opinion would that be a solution to ease recession ?
We have senior bureaucrats & departmental heads on ¾ or more million. Can anyone honestly say that this value for the taxpayer ? Look at public service pensions ?
I can't help thinking that we need a salary ceiling in purely bureaucratic circles.
Sport is another salary insanity. All these are heavily aided by negative gearing investment. The problem there is that it is not their money, it's the taxpayers !