On Nov 17, 4:15 pm, pellicleund...@hotmail.com (obakesan) wrote:
> Well, now the Australian things so too
>
> http://www.theaustralian.news.com.au/business/story/0,28124,24662925-....
> html

The Ozstrayan sucks. If you haven't already done so, get a
subscription to crikey.com.au

> strangely enough I thought it had been in recession since at least 2000

The article refers to the technical definition of a recession. If
instead of 2 consecutive quarters of seasonal adjusted negative GDP
output growth, the definition was changed to 2 out of 3, or 2 out or 4
contiguous quarters, then you could stretch the bad times right back
to the bursting of the babburujidai.

And for some regional basket case economies such as Hokkaido, Miyazaki
et al, possibly to before then.