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Re: Oz falling from high
Originally Posted by Weebie
(Post 9403003)
How is it laughable? Queensland was at UK unemployment rates before the floods, NSW is a debarcle and has been for years and I don't see much other than IT professionals interested in Sydney. Just working class moving to Perth.
Perhaps your laughing because you're an idiot. |
Re: Oz falling from high
Originally Posted by Blond1e
(Post 9403088)
Recession is all relative.... if you'd mortgaged yourself to the last dollar of your pay packet its obviously not going to end well but if you've been careful in good times the bad times won't be so bad. We've just gone thru what everyone is describing as the worst recession ever in the UK and personally we've never been better off than we are now. Know someone will ask why we're moving then ..... we want to be closer to family and as people who've moved all over the world we're ready for a new adventure.
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Re: Oz falling from high
Regardless of the recently published figures, it is prudent to keep one fact in mind....
We have had 20 years of growth uninterrupted by any recession. However, we operate in a boom/bust economic cycle just like everyone else. When you consider that they are normally 7-10 years apart, we should admit that we are way overdue for some form of serious (and much needed) correction here. What triggers the bust cycle, and when that will happen are merely speculative side notes of interest. The key thing to take away from this is that boom cycles in growth based economies cannot run indefinitely. That is simply not possible. On a related note, the following makes for a fascinating read : The Optimism Bias http://www.time.com/time/health/arti...074067,00.html |
Re: Oz falling from high
Originally Posted by isgraham
(Post 9403276)
It's not anti Australian to feel negative about the economy. If you think it is then you are a fool and riding for a fall. It's perfectly rational to feel that the economy may have had it's day in the sun and be on the way down. I guess that you would categorize me as anti Australian because I'm back in the UK but contrary to that I'm very pro Australian I just recognize the problems and am making plans to avoid them because I have options to do that.
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Re: Oz falling from high
Originally Posted by aussietobe
(Post 9402989)
It almost sounds like people are WISHING for a downturn here.
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Re: Oz falling from high
I miss the old patronising "Of course it's different here" with a knowing wink ;)
I haven't seen one of those used in action on here for at least a couple of years. :thumbup: |
Re: Oz falling from high
Why don't we revisit this thread in 3 months when the next set of data will be in, given a recession is 2 quarters of negative growth? My money is on a big positive number barring any further environmental or global challenges, especially quarter on quarter.
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Re: Oz falling from high
Originally Posted by jimbo_d
(Post 9403778)
Why don't we revisit this thread in 3 months when the next set of data will be in, given a recession is 2 quarters of negative growth? My money is on a big positive number barring any further environmental or global challenges, especially quarter on quarter.
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Re: Oz falling from high
Well Aus Post workload went through the roof this week... So in relation to that other thread re Aus post financial barometer, We've had so much work this week you could have mistaken it for Xmas week... Must have been the pre Tsunami tide out, the previous 10 days.
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Re: Oz falling from high
Originally Posted by ozzieeagle
(Post 9403804)
Well Aus Post workload went through the roof this week... So in relation to that other thread re Aus post financial barometer, We've had so much work this week you could have mistaken it for Xmas week... Must have been the pre Tsunami tide out, the previous 10 days.
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Re: Oz falling from high
Originally Posted by Rambi
(Post 9403770)
I miss the old patronising "Of course it's different here" with a knowing wink ;)
I haven't seen one of those used in action on here for at least a couple of years. :thumbup: |
Re: Oz falling from high
Originally Posted by bcworld
(Post 9403820)
Doesn't post #6 count?
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Re: Oz falling from high
Originally Posted by asprilla
(Post 9402551)
Shame it's also the most boring state too.
There was a time when that kind of comment would get some folks into a frenzy. Perhaps we've all grown up now. :confused: (except me). |
Re: Oz falling from high
Originally Posted by jimbo_d
(Post 9403778)
Why don't we revisit this thread in 3 months when the next set of data will be in, given a recession is 2 quarters of negative growth? My money is on a big positive number barring any further environmental or global challenges, especially quarter on quarter.
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Re: Oz falling from high
Originally Posted by ozzieeagle
(Post 9403804)
Well Aus Post workload went through the roof this week... So in relation to that other thread re Aus post financial barometer, We've had so much work this week you could have mistaken it for Xmas week... Must have been the pre Tsunami tide out, the previous 10 days.
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