Australian delusion in an image

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Australia is in the path of a building global crisis this morning with commodity titans crumbling, the great minds of global economics wrestling over the Chinese imbroglio, emerging markets falling towards Hell and local bank funding costs on the march but you’d never know it without MB:

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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.