Financial markets are jittery with at least four critical economic fault lines developing across the globe….Covid-19, the Evergrande crisis in China, the US fiscal cliff and concerns over rising inflation.
James Thompson writes the daily Chanticleer column at the Australian Financial Review. We ask what’s driving the uncertainty…and if average Australians have anything to be worried about.
They say if a butterfly flaps its wings in China, the rest of the world hears it. So what’s ahead….and are we headed for a global economic meltdown.
TODAY'S HEADLINES
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Freedom Day dawns for NSW
- Farmers to call for Kyoto Protocol payback
- War of words between China, Taiwan and Tony Abbott
- US hold first meetings with Taliban, but no recognition for new government
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