Economy
Economy
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Why You Should Ignore JPMorgan’s Doomsday Prediction
Business man showing his empty pockets and financial crisis concept

How bad will the next crisis be? JPMorgan Chase & Co. has an idea. ‘A decade after the collapse of Lehman Brothers sparked a plunge in markets and a raft of emergency measures, strategists at the bank have created a model aimed at gauging the timing and severity of the next financial crisis. And they reckon investors should pencil it in for 2020.

Is a GFC 2.0 on the Horizon?
Business man showing his empty pockets and financial crisis concept

Central banks around the world used stimulus packages to boost their economies and in Australia, it also kept us out of a recession. For this to work, countries had to spend money, which has led to debt.

Australia is a Nation of Idiots
economic growth rate in Australia, aussie economy

While the sale is still subject to a decision by the Foreign Investment Review Board (FIRB), Durie says that CKI, along with the 100% Chinese government owned State Grid, now control nearly all of Australia’s east coast energy distribution assets