115. When the Storm Hits

In this episode of The Sounds of the Baskerville, Chris Baskerville and James Flaherty take a candid, unscripted look at the economic storm clouds gathering over Australia. From the cascading effects of global conflict on fuel prices, to the squeeze on household disposable incomes, to tightening credit across second-tier lenders, the conditions for a wave of business distress are quietly falling into place. Chris unpacks the concept of externalities, the economic shocks no business owner can plan for and what history tells us about the insolvency cycle that follows. With recession talk returning and the cost of living biting harder than ever, this episode is a timely reality check.