Where’s Depressionberg’s big investment?

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The AFR is long on fake but short on much else:

In 1991, Keating’s typically aggressive “this is the recession we had to have” declaration fuelled the sense of crisis that helped accelerate productivity reforms that he and Bob Hawke had unleashed in the early 1980s.

…Overseeing a historic, and regretful moment in Australian economic history, Frydenberg was characteristically emollient. His aura of reasonableness and calm is almost politically supernatural.

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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.