Australia Hasn't Had A Recession In 25 Years. 25 YEARS
That's a generation of economic growth.By Ryan Biek | September 7, 2016
If you're under 25 in Australia, you've never experienced a recession.
The country just released data showing its economy hasn't experienced two straight quarters of negative growth since 1991.
Twenty-five years without a recession is pretty incredible. Within that time frame, Europe's been battling its worst economic crisis since the Great Depression.