Categories
Economy Recession

Australia’s Recession is Coming

#Recession #Australia #Economy

Economists are predicting that there is a 20% to 25% chance of Australia heading into recession within the next 12 months. While their hope is based on the Chinese domestic market supporting Australia, I’m more sceptical.

Watch on YouTube
Listen to Podcast

References

The good, the bad and the bumper sticker as Australia faces ‘20-25 per cent chance of recession’

https://www.news.com.au/finance/economy/australian-economy/the-good-the-bad-and-the-bumper-sticker-as-australia-faces-2025-per-cent-chance-of-recession/news-story/5c16a93619cf5aad85f7362186e7525f