Australia could spiral into economic unrest like Sri Lanka, economist John Adams warns | Daily Mail
July 15, 2022
Samuel Lawrie
Australia could spiral into political and social unrest similar to the violent protests unfolding in Sri Lanka as inflation soars, a top economist has warned.
Political and economic commentator John Adams cautioned trillions of dollars of debt and surging inflation had put Australia on a crash course for economic disaster.
'A lot of Australians think that we have a standard of living which we earn or we are entitled to,' Mr Adams told the In the Interests of the People YouTube show hosted by Digital Finance Analytics principal Martin North.
By Aidan Wondracz For Daily Mail Australia
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Political and economic commentator John Adams cautioned trillions of dollars of debt and surging inflation had put Australia on a crash course for economic disaster.
'A lot of Australians think that we have a standard of living which we earn or we are entitled to,' Mr Adams told the In the Interests of the People YouTube show hosted by Digital Finance Analytics principal Martin North.
By Aidan Wondracz For Daily Mail Australia
Read Full Article