South Australia continues its reign as the country's strongest economy. Treasury Secretary Janet Yellen emphasizes the need for $3 trillion annually to fund the global transition to a low-carbon economy. A study explores the economic aspects of a future sovereign Mars society. Plus, Western Australia emerges as an economic powerhouse. Stay informed about the latest economic developments with Simply Economics.
Sources:
https://www.9news.com.au/national/south-australia-top-economic-state-commsec--report/afe047ec-fede-46ff-8276-b9f30928ca36
https://www.foxbusiness.com/politics/yellen-says-3-trillion-needed-each-year-fund-climate-transition
https://www.universetoday.com/167930/what-could-a-future-sovereign-mars-economy-look-like/
https://thewest.com.au/business/economy/wa-running-hot-as-workers-flock-to-boom-town-says-commsec-state-of-the-states-report-c-15504067
Outline:
(00:00:00) Introduction
(00:00:42) South Australia continues reign as country's strongest economy
(00:03:41) Yellen says $3 trillion is needed each year to fund climate transition
(00:06:41) What could a future sovereign Mars economy look like?
(00:11:01) WA running hot as workers flock to boom town
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