Excellent article from the ABC. It forewarns of some big issues Australia will be dealing with in the 2020s. Here's hoping we get some politicians able to cope and lead through some tricky times. This is a taster for Dr El-Erian's interview with Elysse Morgan in two parts, on Wednesday and Thursday night on The Business at 9:45pm (AEDT) on ABC News Channel, after the Late News on ABC TV or anytime on iView. https://www.abc.net.au/news/2019-11...nfluential-investor-mohamed-el-erian/11700696 AND: Dr El-Erian said time is running out and the global economy is coming to a dangerous "T-junction" — where one road sees governments stepping in with stimulus and the other leads to recession. "If that hand-off [from central banks to politicians] doesn't happen, then it is recession, financial instability and an even more complicated political set-up — that is where we are heading," he warned. "We are getting closer and closer, and the longer the policy hand-off is delayed, the more the probabilities shift in favour of the bad outcome. "I have it at 60/40 chance — 60 that we'll end up at the bad outcome, 40 that we end at the good outcome." He does not put the chance of a major economic and market fallout any higher because, for now, he believes that politicians will start to listen to the pleading from central bankers.