Your Shortcut to... Recession

Hand in hand with the measures being used to contain the spread of
Covid-19 comes the economic consequences. While we are flattening
the curve, businesses are shutting down and unemployment is rising.
Talking about economics can be as exciting as watching paint dry,
but once you get your head around some basic concepts, it is, shock
horror, actually quite interesting. In this Squiz Shortcut we're
going to take you through some economic fundamentals that'll help
give some context to what is happening right now with the
Coronavirus pandemic, including what a recession looks like, and
what governments can do when times get tough. Squiz Shortcuts is
your shortcut to more than the headlines. The Squiz Today is a free
weekday email and podcast that's your shortcut to the news. Sign up
at https://www.thesquiz.com.au . Recommendations: Buy local! Find
your local businesses on social media and support them if you can.
Buy From The Bush and Buy Aussie Now are also good places to
discover Australian businesses. The Labor in Power series
documented the Hawke and Keating years. This episode on the
economic downturn in the late 80s and early 90s is a good one. See
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