Get ready for an Australian recession by 2017
For the last 25 years, Australian politicians of both Liberal and Labor hue have been able to brag that, under their stewardship, Australia has avoided a recession. Those bragging rights are about to come to an end. During the life of the next Parliament — and probably by 2017 — Australia will fall into a prolonged recession.
Click here to read the rest of this post, and here to download the Excel file showing the link between a slowdown in the rate of growth of debt and a recession.
Source: http://www.debtdeflation.com/blogs/2016/03/22/get-ready-for-an-australian-recession-by-2017/#utm_source=feed&utm_medium=feed&utm_campaign=feed
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