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Is Australia in a Recession!!!

Started by Tassie devils, June 29, 2012, 08:46:02 AM

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Tassie devils

Quote from: Symon on July 06, 2012, 06:31:35 PM
By definition a recession is when you have two consecutive quarters of negative growth.  So by that definition Australia is not in a recession.

However people are much more careful with their dollars than they were 10 years ago, mostly due to the stupidity going on in Europe.
Hi Symon I know not Australia wide but I believe Tassie has had 3 consecutive quarters!!

Tassie devils

Quote from: Rumpig on July 06, 2012, 07:00:28 PM
yes things could definately be a lot worse then they are now, but imagine how much better the economy could be if these idiots weren't in charge of the books hey. actually i think that of most politicians, the wastage of public purse money staggers me at times.
Australia is definitely the place to be,but hang on to your seats I think things are only going to get worse :'(

Eski

Quote from: 4runnernomore on July 06, 2012, 04:25:46 PM
Hi Kym,

I am really sorry to hear that.

Any other prospects or taking a holiday for now?

I am still doing the same thing after all these years.

Are you still riding?
Cheers,  Chris ( Mongo)

Hi Mongo,

I have a little work but no job...

Yes still riding a bit but have slowed down these days and do more 4WDing and camping (Birdsville, Vic High Country and Arkaroola)...   

Bike Rallies are most of my riding these days...  Well not riding to work any more...   :'(
Kym
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