323 years of recessions


Deutsche with the note. I will post more when the full story comes to hand.

This morning we’ve published the latest annual Long-Term Study, our flagship pieceof the year from my team. This year’s is called “The History (and Future) of Recessions”.

This is the final part of a trilogy that started before the pandemic with one on inflation and debt in 2018 and 2019.

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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.