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Earth to Recessionberg. Your economy is falling apart

David Llewellyn-Smith
Wednesday, 7 August 2019
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Earth to Recessionberg. Earth to Recessionberg. Earth to Recessionberg. Your economy is falling apart. Come in Recessionberg!

Nobody is listening. Perhaps nobody is home. Recessionberg is too busy today reassuring “quiet Australians”:

Josh Frydenberg has urged Australians not to overreact to the turmoil on world markets as he moved to smooth concerns the US-China trade war could hurt Australian retirees and the government’s budget surplus.

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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.