Please consider “Australia’s economy grows at slowest rate since 2009′ from the Financial Times:

Australia’s economy has experienced one of the longest periods of continuous growth in the developed world — the last time it experienced a year-on-year contraction was 1991 — due mainly to its high rates of population growth and bountiful mineral resources. But it is battling challenges posed by slower growth in China, a domestic housing downturn and weak consumer spending that some economists have warned could end its record run.

We stick to the propositions of this post:

– Macro-credit continues to unwind throughout the world
– Australia is interesting as China, commodities and housing – three credit related dimensions – all converged to engineer a sizeable stream of growth; this is probably over
– Credit deleveraging is much more powerful than trade tensions …
– … even if social unrests are speeding up the whole process.

From my LinkedIn thread: