{"id":5239,"date":"2012-08-13T20:23:30","date_gmt":"2012-08-14T00:23:30","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5239"},"modified":"2012-08-13T20:23:30","modified_gmt":"2012-08-14T00:23:30","slug":"gary-shilling-global-slowdown-only-time-can-heal-the-economy","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/","title":{"rendered":"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy"},"content":{"rendered":"<p>Gary Shilling: If we have a consumer-led recession it will be very different to previous post-WWII recessions which were always led by the Fed.<\/p>\n<p>[gigya width=&#8221;576&#8243; height=&#8221;324&#8243; allowFullScreen=&#8221;true&#8221; src=&#8221;http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf&#8221; type=&#8221;application\/x-shockwave-flash&#8221; flashvars=&#8221;vid=30263203&amp;&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gary Shilling: If we have a consumer-led recession it will be very different to previous post-WWII recessions which were always led by the Fed. [gigya width=&#8221;576&#8243; height=&#8221;324&#8243; allowFullScreen=&#8221;true&#8221; src=&#8221;http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf&#8221; type=&#8221;application\/x-shockwave-flash&#8221; flashvars=&#8221;vid=30263203&amp;&#8221;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[1512,2880],"class_list":["post-5239","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-gary-shilling","tag-recession"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gary Shilling: Global Slowdown, Only Time Can Heal the Economy - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Gary Shilling: If we have a consumer-led recession it will be very different to previous post-WWII recessions which were always led by the Fed. [gigya width=&#8221;576&#8243; height=&#8221;324&#8243; allowFullScreen=&#8221;true&#8221; src=&#8221;http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf&#8221; type=&#8221;application\/x-shockwave-flash&#8221; flashvars=&#8221;vid=30263203&amp;&#8221;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-08-14T00:23:30+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy\",\"datePublished\":\"2012-08-14T00:23:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/\"},\"wordCount\":55,\"commentCount\":9,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Gary Shilling\",\"Recession\"],\"articleSection\":[\"Economy\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/\",\"name\":\"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-08-14T00:23:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thepatientinvestor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\",\"name\":\"Colin Twiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"caption\":\"Colin Twiggs\"},\"description\":\"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\",\"https:\/\/au.linkedin.com\/in\/colintwiggs\"],\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy - the patient investor","og_description":"Gary Shilling: If we have a consumer-led recession it will be very different to previous post-WWII recessions which were always led by the Fed. [gigya width=&#8221;576&#8243; height=&#8221;324&#8243; allowFullScreen=&#8221;true&#8221; src=&#8221;http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf&#8221; type=&#8221;application\/x-shockwave-flash&#8221; flashvars=&#8221;vid=30263203&amp;&#8221;]","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2012-08-14T00:23:30+00:00","author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy","datePublished":"2012-08-14T00:23:30+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/"},"wordCount":55,"commentCount":9,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["Gary Shilling","Recession"],"articleSection":["Economy","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/","name":"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2012-08-14T00:23:30+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/gary-shilling-global-slowdown-only-time-can-heal-the-economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Gary Shilling: Global Slowdown, Only Time Can Heal the Economy"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1mv","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":10459,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/30\/shilling-big-banks-shift-to-lower-gear-the-big-picture\/","url_meta":{"origin":5239,"position":0},"title":"Shilling: Big Banks Shift to Lower Gear | The Big Picture","author":"ColinTwiggs","date":"July 30, 2014","format":false,"excerpt":"Gary Shilling describes how US regulators are getting tough with big banks: Break-Up Like unscrambling an egg, it\u2019s hard to envision how big banks with many, many activities could be split up. But, of course, one of the arguments for doing so is they\u2019re too big and too complicated for\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Bank Price-to-Book Ratios","src":"https:\/\/i0.wp.com\/d21uq3hx4esec9.cloudfront.net\/uploads\/newsletters\/Image_5_20140730_OTB.gif?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d21uq3hx4esec9.cloudfront.net\/uploads\/newsletters\/Image_5_20140730_OTB.gif?resize=350%2C200 1x, https:\/\/i0.wp.com\/d21uq3hx4esec9.cloudfront.net\/uploads\/newsletters\/Image_5_20140730_OTB.gif?resize=525%2C300 1.5x"},"classes":[]},{"id":5317,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/21\/milton-friedmans-advice\/","url_meta":{"origin":5239,"position":1},"title":"Milton Friedman&#039;s Advice","author":"Colin Twiggs","date":"August 21, 2012","format":false,"excerpt":"In 1997 Milton Friedman commented on Bank of Japan policy following Japan's deflationary spiral of the early 1990s: Defenders of the Bank of Japan will say, \u201cHow? The bank has already cut its discount rate to 0.5 percent. What more can it do to increase the quantity of money?\u201d The\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4935,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/24\/christian-noyer-monetizing-public-debt\/","url_meta":{"origin":5239,"position":2},"title":"Christian Noyer: Monetizing public debt","author":"Colin Twiggs","date":"July 24, 2012","format":false,"excerpt":"Christian Noyer, Governor of the Bank of France and Chairman of the Board of Directors of the BIS: Some central banks have developed large-scale public debt acquisition programmes. They have done so for reasons relating to immediate macroeconomic stabilisation... to go beyond the zero-interest rate limit. The Eurosystem as well\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21112,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/07\/29\/gold-bonds-inflation\/","url_meta":{"origin":5239,"position":3},"title":"Gold, bonds &#038; inflation","author":"Colin Twiggs","date":"July 29, 2020","format":false,"excerpt":"Jeff Snider from Alhambra Partners argues that soaring Gold prices are not due to market fears of inflation but the opposite. Gold and bond prices rising in tandem flag concerns that central banks are failing in their efforts to create inflation. Failure would result in deflation. Low interest rates are\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45138,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/11\/04\/dr-lacy-hunt-the-impending-recession\/","url_meta":{"origin":5239,"position":4},"title":"Dr Lacy Hunt: The impending recession","author":"Colin Twiggs","date":"November 4, 2023","format":false,"excerpt":"https:\/\/youtu.be\/bzBGXF0t02k?si=u3a31e0Ha55Bvo20 Not the best interviewer but you always get your money's worth from Dr Lacy Hunt, former chief economist at the Dallas Fed. The highlights: Dr Hunt warns of a hard landing. Recent GDP gains are led by consumer spending (+4%) but real disposable income declined (-1%). Personal saving depressed\u2026","rel":"","context":"In &quot;Deficit Spending &amp; Employment&quot;","block_context":{"text":"Deficit Spending &amp; Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/bzBGXF0t02k\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":42755,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/06\/27\/australia-recession-risks\/","url_meta":{"origin":5239,"position":5},"title":"Australia: Recession Risks","author":"Colin Twiggs","date":"June 27, 2023","format":false,"excerpt":"Excellent chart from Shane Oliver at AMP which illustrates the lag between interest rate rises and their impact on the economy: ....Despite the RBA progressively hiking rates to 18% over 1988 and 1989 the unemployment rate kept falling, prompting many to argue the economy was impervious. But then in late\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"RBA Cash Rate & Unemployment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-27-aus-rba-u3-lag.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-27-aus-rba-u3-lag.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-27-aus-rba-u3-lag.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-27-aus-rba-u3-lag.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-27-aus-rba-u3-lag.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-06-27-aus-rba-u3-lag.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=5239"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5239\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}