Why Australia Hasn't Had A Recession In Decades

[The Lawspeaker]

America's economic expansion is approaching a big milestone. If the U.S. economy keeps humming until July 2019 it would be the longest period of growth on record. The expansion would be exactly one decade and one month old by then. But there's another country with an even more impressive run. Australia hasn't had a recession in 27 years.

Known as “The Lucky Country”, Australia is a combination of sun, endless beaches, rich natural life, many natural resources and, importantly, plenty of prosperity.

[Duffmannn]

Because Australia is basically an exporter of very demanded natural raw resources in an island bigger than entire Europe, with a scarce white population.

The white population is basic, because it´s the difference between Australia and Argentina or Brazil.