Source: rss.wn.com
The odds are that we get through 2018 without war, mass capital flight, or a housing crash. But all the risks are medium probability, warns Richard Holden, and the consequences could be dire. OPINION: If 2018 pans out like some of the early commentary suggests then we"re in for a rough year. If you believe the hype, then asset bubbles abound, global institutions are under attack, war on the Korean Peninsula is imminent, and the United States tax cuts might sink the Australian economy. There is some truth to all of these concerns, but if you balance up all the risks, we should be alert but not alarmed. Asset bubbles The two most notable potential bubbles are in Australian housing, and in...

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