linden
I'd like to connect with Kelly Richards to talk about her success - She mentions her good luck following lack of opportunity in the recession. Australia does not have a recession. Best you do your research before you write up your own testimonials.
1 Answer
Ed1530
IN THE early 1990s Australia went into a recession the origins of which have been a matter of dispute and whose legacy remains with us. I believe that the financial excesses of the 1980s reached such a scale that the 1990 recession was inevitable. I want to discuss the recession and its subsequent political and economic significance for Australia. These remain contentious issues and still have the power to influence political positions.
At the end of the 1980s expansion, the Australian economy was overstretched in a number of ways.
The country was therefore extremely vulnerable to any contractionary shock to the economy itself or to confidence.The shock duly came in the form of the international recession of the early 1990s.
| 11 years ago. Rating: 1 | |
