Another one bites the dust..

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Feb 27th 2012, 11:15 am

#16

Amazulu

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Re: Another one bites the dust..

Quote:

Originally Posted by chris955

They are starting to drop like flies
http://www.news.com.au/business/jobs...-1226283395317

Sad news. Here's another one:
http://www.bbc.co.uk/news/uk-wales-17126482

Feb 27th 2012, 11:16 am

#17

Amazulu

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Re: Another one bites the dust..

Quote:

Originally Posted by knockoff nige

I dont think people said Australia didn't suffer but that Australia was in and straight out of recession (officially).

If we are being official, Australia never went into recession.

Feb 27th 2012, 11:17 am

#18

Amazulu

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Re: Another one bites the dust..

Quote:

Originally Posted by Broad Shoulders

retail was suffering before the GFC kicked in. This country got too used to ripping off customers, the GFC simply pushed people online more and now the retailers are paying the price for their greed and their inability to adapt.

Spot on and expect a lot more.

Adapt or die.

Feb 27th 2012, 11:18 am

#19

spartacus

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Re: Another one bites the dust..

Quote:

Originally Posted by Amazulu

Sad news. Here's another one:
http://www.bbc.co.uk/news/uk-wales-17126482

Slightly off-topic, but on the same page, I see Fred West's still alive and well and working as a chef in Mexico, of all places. Reports of his demise were obviously exaggerated.

Feb 27th 2012, 11:19 am

#20

knockoff nige

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Re: Another one bites the dust..

Quote:

Originally Posted by Amazulu

If we are being official, Australia never went into recession.

Hmm, I remember seeing on the news it being reported that Australia was officially out of recession. That would mean we had to have been in there in the first place.

Feb 27th 2012, 11:20 am

#21

spartacus

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Re: Another one bites the dust..

Quote:

Originally Posted by knockoff nige

Hmm, I remember seeing on the news it being reported that Australia was officially out of recession. That would mean we had to have been in there in the first place.

You're getting confused with Austria, it's easily done.

Feb 27th 2012, 11:21 am

#22

moneypenny20

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Re: Another one bites the dust..

I'd never heard of WoW until I saw the news last night. The picture of the shopfront was enough to convince me I'd missed nothing.

Feb 27th 2012, 11:22 am

#23

knockoff nige

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Re: Another one bites the dust..

Quote:

Originally Posted by spartacus

You're getting confused with Austria, it's easily done.

Stopping at Singapore did seem to be a bit ridiculous.

Feb 27th 2012, 11:23 am

#24

bcworld

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Re: Another one bites the dust..

Quote:

Originally Posted by knockoff nige

Hmm, I remember seeing on the news it being reported that Australia was officially out of recession. That would mean we had to have been in there in the first place.

Usual definition of recession is 2 quarters of -ve GDP growth - that didn't happen.

Some people use a measure of a 1.5% rise in the unemployment rate over 12 months - that didn't happen either.

Feb 27th 2012, 11:24 am

#25

knockoff nige

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Re: Another one bites the dust..

Quote:

Originally Posted by bcworld

Usual definition of recession is 2 quarters of -ve GDP growth - that didn't happen.

Some people use a measure of a 1.5% rise in the unemployment rate over 12 months - that didn't happen either.

Well the point still stands. America was and is in recession, Australia didn't suffer like they did/are.

Feb 27th 2012, 11:32 am

#26

DeadVim

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Re: Another one bites the dust..

Quote:

Originally Posted by spartacus

Slightly off-topic, but on the same page, I see Fred West's still alive and well and working as a chef in Mexico, of all places. Reports of his demise were obviously exaggerated.

Uses a lot of rosemary I hear.

Feb 27th 2012, 11:40 am

#27

Amazulu

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Re: Another one bites the dust..

Quote:

Originally Posted by knockoff nige

Hmm, I remember seeing on the news it being reported that Australia was officially out of recession. That would mean we had to have been in there in the first place.

Fair enough but it never actually happened.

Feb 27th 2012, 1:07 pm

#28

Broad Shoulders

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Re: Another one bites the dust..

Quote:

Originally Posted by DeadVim

Uses a lot of rosemary I hear.

Fred West walks into a bar. The publican asks him what takes his fancy. "I could murder a couple of Tennants", said Fred

Feb 27th 2012, 1:30 pm

#29

iamthecreaturefromuranus

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Re: Another one bites the dust..

Quote:

Originally Posted by Loch Lomond

I still don't understand how Australia continues to say it didn't suffer the GFC when all around shows it has. Businesses closing down, people not spending, housing market dropping...on a day to day basis, how is this different to the UK or the US. Don't bring in here the argument of Australian high inflation and interest rates, as these are Goverment manufactured figures to suit the policies of the day.

I thought you were in Scotland?

Feb 29th 2012, 12:28 pm

#30

chris955

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Re: Another one bites the dust..

Yes, officially avoiding a recession because of huge amounts of stimulus payments really means nothing when you look at how retail, tourism, manufacturing and most other sectors are suffering. It is no different to what has happened elsewhere, it is just down to official figures.

Quote:

Originally Posted by Loch Lomond

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