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Re:Say Hello to Full Employment by adventured on Friday July 06, 2018 @02:18PM (#17473834)
Australia has not had a recession since June of 1991. That simultaneously does not mean they can go another two decades without a recession next time, and it does not mean their expansion has to end shortly.

There's no rigid guide that the US expansion has to end anytime soon just because ten years was the longest expansion in the prior century. Perhaps this one will last 19 years and set a new benchmark, who knows (answer: nobody).

Re:Say Hello to Full Employment by oblio on Friday July 06, 2018 @04:03PM (#17474668)
Australia had (has?) the benefit of feeding China (both actual food and minerals and other resources). At some point China will grow like a normal country.
Re:Say Hello to Full Employment by saudioger on Friday July 06, 2018 @11:38PM (#17476830)
No one said it's a rigid guide, it's just a bit of a signpost.

Could we double or triple the length between recessions? Sure, but I doubt it.

Re:Say Hello to Full Employment by rusk on Friday July 06, 2018 @02:21PM (#17473867)
There was a wobble around about 2k just after the olympics and just before the mineral boom.