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Dollar Sinking In The Sea Showing Depression Recession And Economic Downturns generic pick of dollar sign sinking into water

GDP: Short for Generally Dubious Puffery?

GDP might well be the least bad of all the flawed ways in which we can measure the health of our economy. But it's far from perfect, especially if you're aiming to capture the impact of the economy on people.

A report about harsh limits on some ATM withdrawals in Macau had raised fears gamblers would soon have less cash to splurge.

Casino stocks recover on Macau relief

Casino stocks including Melco Crown have rebounded after the government of world's largest gambling market placed restrictions on ATM withdrawals that weren't as harsh as expected.

It is important to remember that markets are at fair value for only the briefest of moments, says Rithotz.

Six things to consider

Sentiment is frothy, valuations are elevated and yet new highs are bullish. Perhaps there's room to run, says Barry Ritholtz.

The national financial planning register is worse than useless.

Foxes in charge of the hen house

It was supposed to be the Coalition government’s panacea for the crisis in confidence plaguing the financial planning industry, but almost two years after it was launched, it’s a dud.

Ashleigh Mounser was underpaid in numerous jobs in Wollongong.

The great student swindle: how young people are being ripped off

Ashleigh Mounser took to Facebook to vent about being offered as little as $10 per hour to work in a takeaway food shop. Asking if anyone else had experienced similar treatment, she was was overwhelmed by complaints from 67 young workers within days of her original posting.

Illustration: Glen Le Lievre

Recession? Look out your window

What would economic race-calling be without its little excitements? As you may possibly have heard, this week's news is that the economy has contracted - shrunk, gone backwards - by 0.5 per cent.

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