Canada of course is in good company
Ireland, Belgium, Czech Republic, Italy, Portugal, Tawain, Slovenia, Ireland, and Netherlands…all in recession.
Australia has avoided recession for te last 25 years straight, and there is about to be a change.
The fact that we did get out of the global financial crisis without being scathed probably was a liability in the sense of there being no impetus to reform.
David Burchell, University of Western Sydney
Read more: http://www.theage.com.au/comment/millennials-are-about-to-be-hit-by-their-first-recession-20150701-gi33j9.html#ixzz3kUa6xsQx
Good luck to all of those with counter party risk
Good luck to us all...!
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- Canada into recession..then Oz (etc)
Canada of course is in good company Ireland, Belgium, Czech...
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