Trade
The Mar-a-Lago Accord
Could a global currency accord be Trump's tariff end-game?
Trade
Trade
More on Trump's tariffs, Albo's upper class welfare, Dutton's housing gimmick, Canada's pain, Australia's challenges, and why are so many of us disabled
The fallout from the first Trump 2.0 tariffs has continued into the week, with the latest casualty (other than global equities) being the risky crypto that had been bid up on what was 'supposed' to be a market-friendly Trump government: Crypto and equities subsequently rebounded a little
Trade
The dumbest trade war in history
Trump's tariffs on Canada and Mexico are a case of self-flagellation—hurting consumers, exporters, and US credibility with no real gains.
Trade
Trade War Two, China's supply subsidies, unintended consequences, and the mother of all bubbles
Trump will almost certainly usher in Trade War Two; how China subsidises supply and restricts demand; the Australian Greens reveal yet another awful policy idea; and is the US stock market in the mother of all bubbles?
Reform
Parliament's hectic week, a new era in policymaking, and a glimpse into Australia's future
The Albanese government took the guillotine to democracy; Argentina is getting a good old-fashioned dose of microeconomic reform; what Victoria can teach the rest of Australia; prediction markets and the future of forecasting; and trade works in roundabout ways.
![What the US election means for Australia [update]](/content/images/size/w600/2024/11/trump-harris.jpg)
Growth
What the US election means for Australia [update]
The US election is happening right now, with the outcome to have potentially significant implications for Australia.
Deep Dives
What the US election means for Australia
As the US election approaches, the risks of renewed inflation and unpredictable fiscal policies could complicate the global economic landscape, with significant implications for Australia.
Deep Dives
Should we be worried about the US?
While the US economy is hitting all the right notes—low unemployment, stable inflation, and strong wage growth—massive deficits and reckless policy proposals could tip the scales.
Deep Dives
There is no next China
Australia's economic outlook hinges on shifting global supply chains and iron ore demand, as China's manufacturing dominance faces challenges from emerging competitors and geopolitical tensions.
Deep Dives
Russia's Black Death
Russia's booming consumer spending will eventually crash back down to earth, following a historical pattern seen in times of war and disaster, including the 14th century's Black Death.
Deep Dives
What's up with Canada?
Despite its proximity to the US and abundant natural resources, Canada's economy is hampered by inter-provincial trade barriers, powerful domestic cartels, and declining productivity, leaving it vulnerable to global trade tensions.
Industrial policy
The dangers of neopopulism
Whether it's being sold under the banner of a "New Paradigm", "new centrism", "neopopulism", or a "Future Made in Australia", industrial policy will lead to less growth, insipid labour productivity, and a much poorer and more vulnerable Australia.