NY Times goes gaga on Aussie ponzi craponomy

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By Leith van Onselen

The New York Times’ Neil Irwin has penned an incredibly superficial article hailing Australia’s ‘miracle’ economy, arguing that the rest of the world could learn from our purported success:

I had flown 16,000 miles not to study economic malaise, but its opposite: the remarkable resilience of the Australian economy, which has gone nearly 28 years without a recession…

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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.