Amid talk of recessions, our progress on wages and unemployment is almost non-existent
- Written by Richard Holden, Professor of Economics, UNSW
The ASX 200 slid 2.9% on Thursday amid less than completely encouraging news at home, and awful news from abroad.
ShutterstockLegend has it that, when asked by US President Richard Nixon in 1972 what he thought about the impact of the French Revolution, Chinese Premier Zhou En Lai replied: “it’s too early to say”.
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Read more: Amid talk of recessions, our progress on wages and unemployment is almost non-existent
