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Australia has gone 27 years without a recession. There's a big difference between "sure, we'll never totally get rid of them" and "do you want them every 5 yea
by freddie_mercury 8y ago
Australia has gone 27 years without a recession.
There's a big difference between "sure, we'll never totally get rid of them" and "do you want them every 5 years or every 50 years?" or "do you want 25% unemployment or 10% unemployment?"
It is overly fatalistic to pretend they can't be changed in any way whatsoever and there's no difference between different periodicities and scale of upheavals.