Blogotariat

Oz Blog News Commentary

UBS: People ponzi good for no recession, bad for you

July 16, 2018 - 00:15 -- Admin

UBS does a great job today of summing up the dynamics of the people ponzi: Population lifts 1.6% y/y, led by migration of 240k Strong population growth is a key driver of Australia’s world record of 26+ years of GDP growth without recession. Indeed, population growth remained strong in Q4- 2017 at 1.6% y/y (+388k

The post UBS: People ponzi good for no recession, bad for you appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]