How Donald Trump's ego and economic ignorance could tip Australia into recession | Greg Jericho

Our economic health is much more subject to conniptions in China and the US than before the GFC

Australia's economy has long been linked with that of the United States. While we are now much more dependent upon China, the increasing heated trade war between those two nations is a great danger to not only our economy growth, but also the projections for budget surpluses so desired by the Morrison government.

On 2 March last year, Donald Trump, perhaps fresh off of watching yet another 10 hours of Fox News, decided to take to Twitter to share with us his economic wisdom.

When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don't trade anymore-we win big. It's easy!

Related: Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel