Interesting Chart of the Day or Careful what you wish for!

You may have seen Alan Kohler present this chart at the end of his finance report on the ABC last night (27/8). Global data series, when Left and Right wing populist governments had taken over and what happened to the economies over the past 100 years. It seems populists aren't very good at economics and business(!). GDP falls markedly in the years following the change to populist governments.

A take on this is the ‘internet’ and social media may populise and influence certain points of view, but this doesn’t mean it will work out well for the broader economy.

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