World

Created
Fri, 19/01/2024 - 04:55
Last year was the most widely anticipated recession in history because tight monetary policy, slower government spending and higher oil prices normally spell doom. Yet total economic output (GDP) in both America and Australia kept growing in real (after inflation) terms. So, what can we expect in 2024? Will economists get it right this year Continue reading »
Created
Wed, 17/01/2024 - 04:50
Around 25 years ago, wise commentators said China may, in due course, be able to produce acceptable basic, manufactured white-goods but making motor cars that would sell globally was not conceivable. Far too many complex inputs went into making a modern family sedan compared to a refrigerator. As for landing a rover on the Moon Continue reading »