| That the Australian economy may be in trouble will not be news to FT Alphaville readers. We’ve been warning for a good while that the country is uniquely exposed to the commodity super-cycle, an overvalued currency, a real-estate bubble, not to mention the Chinese slowdown.
Yet what we may have overlooked is the remarkable similarity between Australia’s external finance position and that of the European periphery, a point now being made the analyst team at Variant Perception — a boutique research analysis shop...............................................Full Article: Source
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