Stock markets falling, investors getting nervous – is the debt-fuelled finance party over? | Australian economy
Financial news has started to turn negative, both at home and abroad.
Is the debt-fuelled party that has provided solace amid the pandemic as well as jobs and rising asset prices for millions if not billions about to end?
There are certainly some near-term nasties but the larger and more serious threats are geopolitical and difficult to predict – including the next stage of the Covid pandemic – or of our own making.
Here’s a non-exhaustive list of the economic challenges we face.
Gathering storms
First up, Omicron has been around for more than a month but the more infectious
