The Business Expert Who Swears We're Doomed
Economic analysis has become second nature to most of us in recent months. We’re all au fait with terms like Libor, Ponzi Scheme and stagflation, while almost all of us know someone who got a Robert Peston costume for Christmas.
But sometimes all we need is for someone straight-talking to come out and tell it like it is. Chris Richardson is that man.
Chris, MEc (ANU), BEc Hons (Sydney), is one of Australia's leading macroeconomists and is a member of the influential Access Economics group. Access have just released their latest regular business outlook report and Chris appeared on Aussie radio to talk about it.
His take on things? "Four years of boom has collapsed in four months of chaos. A lot of things are buggered because the global economy is in real trouble.”
There you go folks – as we suspected it’s ‘buggered.’ The qualifications of a academic but the vernacular of a taxi driver. Superb.