There is a simultaneous slowdown in the US, China, and emerging markets. Even a mild recession could tip the world back into deflation like Japan's.
Fragile...
Max Walsh, 6 February 2014, The Australian Financial Review (subscription required)
Its a new year and it's welcome, but investors can't look forward to much of a change. Uncertainty about the progress of both the Australian and world economies will continue and...
Daryl Dixon, 12 January 2014, The Canberra Times
The global economy is facing the risk of being locked into 'secular stagnation' with recovery remaining constrained.
Larry Summers and Paul Krugman are two of the most...
Max Walsh, 21 November 2013, The Australian Financial Review (subscription required)
Employment prospects, damaged by the GFC, will remain patchy at best, while economies lack the innovation and impetus for sustained growth.
Jobs, not debt, are positioned to...
Max Walsh, 13 June 2013, Australian Financial Review (subscription required)
