If recessions weren't abolished, we might have one

Whether we enter into a recession in the next year or not, it's sure going to feel like it.

It’s rather ironic that the big miners are thanking the government for axing the mining tax by helping to drive the economy into recession in time for the next election.

Oh, did I just use the ‘R’ word? It slipped out, sorry. Australia has abolished recessions of course; they don’t happen here anymore.

Which is just as well, because if we did still have them, we might just have one.

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