David Hirst Age
The global imbalances spell calamity for Australia. Our political leadership appears to be betting on a return to days gone by, times that may never return. Our prosperity has been so closely linked to international confidence and goodwill, it has become assumed. But all bets are now off. Indeed, if the emerging patterns outlined become set, Australia faces a grim future. The pace of the breakdown has shown policymakers unprepared and therefore the nation exposed. Read more here