MSM population ponzi worm begins to turn

Sunday 11 September 2016

Over the weekend, The Australian’s Terry McCrann did what few MSM journalists have done and called-out Australia’s population ponzi economy:

But has the economy really even prospered? Is the 25-year run a statistical mirage if not at least misleading? If we dig a little deeper the seeming economic prosperity loses much of its glow…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.