America’s deep fault lines leave Australia exposed*

by Patrick J. Byrne

The covid19 crisis and BLM protests have exposed deep economic and cultural fault lines in America, with troubling consequences for Australia.

“With a growing number of Americans falling into unemployment and economic insecurity, while major corporations take bailouts and slash labour costs, something had to give,” Nouriel Roubini recently observed. Roubini is Professor of Economics at New York University’s Stern School of Busine…

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