Photo: Supplied: Harper Collins
Donald Trump's yo-yo moves on tariffs, and the retaliatory response from America's trading partners has created global tumult, market volatility and stoked fears the world's biggest economy could be on the road to recession.
But this economic erraticness has been the norm for quite some time. Dr Cahal Moran is behavioural economist and a fellow at the London School of Economics, who founded a YouTube channel called Unlearning Economics.
He says his entire adult life has been punctuated by economic crises: the global financial crisis, austerity, Brexit, pandemic, supply chain issues, cost of living crisis...and now this. So where did the global economic system go so wrong? What happened to put home ownership out of reach for so many? Why are there so many billionaires now?
Cahal talks about all these issues in his book 'Why we're getting poorer: A realist's guide to the economy and how we can fix it'.
