The deputy governor of the Reserve Bank, Guy Debelle pre-empted an address on global risk and uncertainty with a quote from late rock star Jim Morrison from the Doors in the song ‘Roadhouse Blues’: “The future’s uncertain and the end is always near”.

The line was an apt introduction to a discussion that included a warning that a global double dip recession is a genuine risk.

Speaking at the Risk Australia Conference in Sydney Debelle admitted that the world succumbing to a double dip recession is definitely on the cards. Full Story