The Ultimate Showdown In Context

This Tuesday, 17 January 2023 at 8pm, Senator Gerard Rennick and our own John Adams will be going head-to-head in a live debate on YouTube which will be shown on the Walk the World YouTube channel.This debate, dubbed the “Ultimate Showdown”, will be a clash of economic perspectives.

However, any debate about economics and the Australian economy in 2023 cannot occur without discussing the tumultuous events of the COVID-19 pandemic and how this pandemic was managed both from the stand-point of economic and health policy. Given this context, it is worth remembering what Adams said at the start of the pandemic.

On 11 April 2020, John Adams published a 6,000-word essay title “Australia has been economically destroyed in 4 weeks”. On 20 and 28 April, Adams and I recorded a two-part series on Adams’ analysis.In part 1, Adams explained why he was against lockdowns -a very unpopular view at the time.

In part 2, Adams explained why he was against the economic stimulus policies announced by the Morrison Government and the RBA in March 2020.In this IOTP repost – we will replay part 2 of this discussion ahead of the Rennick and Adams debate. Almost 3 years on, it is worth considering how correct or incorrect Adams has been and compare this to Rennick’s position which was very different at the time. What Adams said in April 2020 will be a key feature of Tuesday night’s upcoming debate.

The latest edition of our finance and property news digest with a distinctively Australian flavour.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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