In the past week, the sharemarket has suffered its biggest dive since the global financial crisis.

On Monday, Wall Street plunged and the effects have been felt in markets across around the world.

So is Coronavirus to blame or were we heading towards a recession anyway? 

On this week's Please Explain podcast, Chris Zappone talks to senior economics writer for the Sydney Morning Herald, Matt Wade who will decode what has been happening with the markets and the Australian economy.

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