--- title: "Meaning & Key Takeaway of: We haven't had a recession for 25 years…" description: "\"We haven't had a recession for 25 years in Australia. It's partly because of our trade with China.\" — Richard Glover" image: "https://sms4smile.com/quotes/i/82c/richard-glover-39692_australia_we-haven-t-had-a-recession-for-25-years_732800.png" --- # We haven't had a recession for 25 years in Australia. It's… ![“We haven't had a recession for 25 years in Australia. It's partly because of our trade with China.” quote by Richard Glover](https://sms4smile.com/quotes/i/82c/richard-glover-39692_australia_we-haven-t-had-a-recession-for-25-years_732800.png) [Download](https://sms4smile.com/quotes/i/82c/richard-glover-39692_australia_we-haven-t-had-a-recession-for-25-years_732800.png) [Open image](https://sms4smile.com/quotes/i/82c/richard-glover-39692_australia_we-haven-t-had-a-recession-for-25-years_732800.png) > “We haven't had a recession for 25 years in Australia. It's partly because of our trade with China.” [Richard Glover](https://sms4smile.com/quotes/author/richard-glover/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Australia's long economic stability is partly linked to its trade relationship with China. **In simple terms:** Trade with China supports Australia's economy. Key Takeaway Diversify trade to sustain growth. Themes economics trade Australia China Mood analytical concerned Type political economic When to use this quote - policy planning - business strategy - investment decisions Key Concepts global interdependence economic resilience Questions to Reflect On - How can Australia balance trade diversification? - What risks arise from dependence on one market? A Different Perspective Overreliance on a single partner can create vulnerability. ★ ★ ★ ★ ★ No ratings yet [Australia](https://sms4smile.com/quotes/about/australia/) [Australia Partly](https://sms4smile.com/quotes/about/australia-partly-3465291/) [China](https://sms4smile.com/quotes/about/china/) [Havens](https://sms4smile.com/quotes/about/havens/) [Recession](https://sms4smile.com/quotes/about/recession/) [Recession 25](https://sms4smile.com/quotes/about/recession-25-3465289/) [Recessions](https://sms4smile.com/quotes/about/recessions/) [Trade](https://sms4smile.com/quotes/about/trade/) [Years](https://sms4smile.com/quotes/about/years/) [Years Australia](https://sms4smile.com/quotes/about/years-australia-1363871/) ## Related quotes > [We haven't had a recession for 25 years in Australia. It's partly because of our trade with China. China's been doing relatively well. So…](https://sms4smile.com/quotes/richard-glover/we-haven-t-had-a-recession-for-25-years-in-australia-it-s-partly-2/) [Richard Glover](https://sms4smile.com/quotes/author/richard-glover/) > [I came to the United States to see what would happen in 2000 after working for 20 years in Australia and asked my agent…](https://sms4smile.com/quotes/alan-dale/i-came-to-the-united-states-to-see-what-would-happen-in-2000-after-2/) [Alan Dale](https://sms4smile.com/quotes/author/alan-dale/) > [I came to The United States to see what would happen in 2000 after working for 20 years in Australia and asked my agent…](https://sms4smile.com/quotes/alan-dale/i-came-to-the-united-states-to-see-what-would-happen-in-2000-after/) [Alan Dale](https://sms4smile.com/quotes/author/alan-dale/) > [We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20…](https://sms4smile.com/quotes/warren-buffett/we-ve-been-in-a-recession-by-any-common-sense-definition-because-if/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I was asked what I thought about the recession. I thought about it and decided not to take part.](https://sms4smile.com/quotes/sam-walton/i-was-asked-what-i-thought-about-the-recession-i-thought-about-it-and/) [Sam Walton](https://sms4smile.com/quotes/author/sam-walton/) > [You don't run a business hoping you don't have a recession.](https://sms4smile.com/quotes/jamie-dimon/you-don-t-run-a-business-hoping-you-don-t-have-a-recession/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [Like other presidents before him, Barack Obama inherited a recession. But unlike them, he has made it worse, not better.](https://sms4smile.com/quotes/mitt-romney/like-other-presidents-before-him-barack-obama-inherited-a-recession/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [In a recession, you must be able to call into question everything you've done before.](https://sms4smile.com/quotes/francois-henri-pinault/in-a-recession-you-must-be-able-to-call-into-question-everything-you/) [Francois-Henri Pinault](https://sms4smile.com/quotes/author/francois-henri-pinault/) > [A recession is when you have to tighten your belt; depression is when you have no belt to tighten. When you've lost your trousers…](https://sms4smile.com/quotes/adam-thomson/a-recession-is-when-you-have-to-tighten-your-belt-depression-is-when/) [Adam Thomson](https://sms4smile.com/quotes/author/adam-thomson/) > [When George Bush finally leaves the White House, the satire industry will briefly join the rest of the economy in recession. 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The recession was a…](https://sms4smile.com/quotes/mark-edward/i-realized-that-the-artists-who-managed-to-fight-through-this/) [Mark Edward](https://sms4smile.com/quotes/author/mark-edward/) > [“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…](https://sms4smile.com/quotes/nassim-nicholas-taleb/suckers-think-that-you-cure-greed-with-money-addiction-with/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. 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It's not that there are - some people are supportive,…](https://sms4smile.com/quotes/richard-glover/i-think-there-s-just-a-lot-of-apprehension-in-australia-about-the/) [Richard Glover](https://sms4smile.com/quotes/author/richard-glover/) > [O Hope, sweet flatterer! thy, delusive touch Sheds on afflicted minds the balm of comfort, Relieves the load of poverty, sustains The captive, bending…](https://sms4smile.com/quotes/richard-glover/o-hope-sweet-flatterer-thy-delusive-touch-sheds-on-afflicted-minds/) [Richard Glover](https://sms4smile.com/quotes/author/richard-glover/) > [If Trump really can build up American infrastructure, that will help reinflate the world economy, and that would be a good thing.](https://sms4smile.com/quotes/richard-glover/if-trump-really-can-build-up-american-infrastructure-that-will-help/) [Richard Glover](https://sms4smile.com/quotes/author/richard-glover/) [Explore all 11 Richard Glover quotes ](https://sms4smile.com/quotes/author/richard-glover/) ## More Australia quotes > [I've always been of the idea that is doesn't really matter where you are geographically - with 'Lonerism,' we made half the album in…](https://sms4smile.com/quotes/kevin-parker/i-ve-always-been-of-the-idea-that-is-doesn-t-really-matter-where-you/) [Kevin Parker](https://sms4smile.com/quotes/author/kevin-parker/) > [In the nineteenth century some parts of the world were unexplored, but there was almost no restriction on travel.:; Up to 1914 you did…](https://sms4smile.com/quotes/george-orwell/in-the-nineteenth-century-some-parts-of-the-world-were-unexplored-but/) [George Orwell](https://sms4smile.com/quotes/author/george-orwell/) > [I wanted to have a peaceful married life with my wife, so we both moved to Sydney in Australia.](https://sms4smile.com/quotes/rahul-roy/i-wanted-to-have-a-peaceful-married-life-with-my-wife-so-we-both/) [Rahul Roy](https://sms4smile.com/quotes/author/rahul-roy/) > [It will be nice to play against Australia. 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We…](https://sms4smile.com/quotes/jimmy-barnes/no-matter-what-day-we-celebrate-australia-day-let-s-celebrate-it/) [Jimmy Barnes](https://sms4smile.com/quotes/author/jimmy-barnes/) > [As a young kid you stay up late to watch the Ashes, getting told off for not being in bed, and dream of making…](https://sms4smile.com/quotes/jonny-bairstow/as-a-young-kid-you-stay-up-late-to-watch-the-ashes-getting-told-off/) [Jonny Bairstow](https://sms4smile.com/quotes/author/jonny-bairstow/) > [I love coming out to Australia, if it weren't so far away I would go all the time. I've worked with a lot of…](https://sms4smile.com/quotes/erick-morillo/i-love-coming-out-to-australia-if-it-weren-t-so-far-away-i-would-go/) [Erick Morillo](https://sms4smile.com/quotes/author/erick-morillo/) > [What I appreciated was the fact that the script delved into how Australians were - and still are - condescended to by the English.](https://sms4smile.com/quotes/geoffrey-rush/what-i-appreciated-was-the-fact-that-the-script-delved-into-how/) [Geoffrey Rush](https://sms4smile.com/quotes/author/geoffrey-rush/) > [Okay the names 360, I run around tipsy. My fellas in Australia all sit with me.](https://sms4smile.com/quotes/360/okay-the-names-360-i-run-around-tipsy-my-fellas-in-australia-all-sit/) [360](https://sms4smile.com/quotes/author/360/) > [Coal is the moral choice, particularly for the developing world... The model for the world right now should be Australia. Australia gets it. 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