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Articles on Recession

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Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what’s got investors spooked.
People who have a financial shock are at greater risk of depression and a raft of other physical and mental health issues. Ethan Sykes/Unsplash

Losing wealth, health and life: how financial loss can have catastrophic effects

Unaffordable home loans, poor financial advice and unmanageable consumer credit may have serious consequences for many Australians, beyond bankruptcy and debt. Here’s what the research says.
Several studies have shown that health suffers after being laid off, as fear and anxiety lead to stress. VGstockstudio/Shutterstock.com

How can job loss be bad for health, and recession be good for it?

The negative effects of job loss have been well-documented and fairly well-understood. But why would studies also suggest that health improves during a recession? The reasons may surprise you.
Facing hunger, scarcity, sickness, protest and no clear path toward salvation, Venezuela is on the brink of something, but just what is not clear. ビッグアップジャパン/flickr

Global series: Venezuela’s collapse

The best news and analysis of Venezuela’s dangerous descent into crisis, written by local economists and political scientists who are living it every day.
Recessions affect us all. Unemployed line via www.shutterstock.com

How do we know if we’re in a global recession?

Stock markets have been falling all year on concern the world risks slipping into a recession, which begs the question: how would we know if we were in one?
Thousands of civil service employees gather during a protest march for higher pay at the Union Buildings in Pretoria in 2010. EPA/Jon Hrusa

Civil service pay: South Africa has some harsh choices to make

South Africa’s government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.
It may take a magic wand from the RBA (or the Turnbull government) for Australia to escape a recession. Sam Mooy/AAP

All eyes on the Aussie dollar as Australia stalks recession

Volatility is not going away any time soon, and if the US Fed decision plays the wrong way on the Australian dollar, our central bank could soon be back in the jawboning business.

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