Poms hit us for six

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Following my post yesterday on the dark portents for the forthcoming Ashes series, The Economist has published a series of charts mocking Australia’s obvious sporting decline versus the old enemy.

In cricket:

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In tennis:

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In rugby:

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And a narrowing gap in rugby league:

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And the Olympics:

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And, dare I say, with each passing quarter our economic growth converges as well. After a complete dominant performance post-GFC, Australia is back at 0.6% quarterly growth. The UK has risen to half that in the most recent accounts but is on the charge as we fade:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.