The Streak Down Under

Trumponomics · May 23, 2019 · 26m · transcript

The longest economic expansion in the developed world may not be much longer for this world -- and that fear helped drive the shock election result in Australia last week. In the country where GDP has been growing for an amazing almost 28 years, Bloomberg's Chris Bourke explores how the cratering real estate market is threatening the first recession since Vanilla Ice topped the music charts.

Host Stephanie Flanders also talks with Bloomberg editor Malcolm Scott and economist Tamara Henderson about what the conservative government's re-election means for the economy Down Under. Then Stephanie…