Big oil's bad days. Why unemployment data hides a far uglier reality. Was Virgin flying in the wrong direction from the start?

James is back in the Money Cafe for a meaty discussion of a dramatic week of business news. Crashing oil prices have left some traders scrambling for space in the garage for a few extra barrels, and the RBA has issued an economic update that may have under-stated the depths of Australia's economic dip.  

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