Recession, as understood by Shannon.

Buses are back in business as of today. Thank god. Yesterday sucked – although Chris giving us a lift to work was nice.

Louise and I decided to walk home yesterday, and it took forever. Chris finally picked us up just before Evans Bay at around 7pm… It was a nice walk, but it was getting darkish, and coldish, and all those runners speeding past us were beginning to get to me. Show offs.

I was just on and I see that New Zealnd is officially in a recession. I’ve decided that recession is a bit of a scary word. Especially because a recession can become a depression if it goes on long enough. Depression is an even scarier word than recession.

And for those people that don’t know what a recession is? I looked it up *cough* on wikipedia *cough* and found the following from the U.S. National Bureau of Economic Research: a recession is:  “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales”

And you know what that means? That means it’s a shitty time all round to be about to be fired, while desperately looking for a new affordable nice home to rent, while trying to put away a significant amount of money in my savings account.

It also means less money spent on pretty things, and more money spent at the supermarket, on rent, and on boring bills.

In summary: New Zealand is in a recession, which could potentially lead to Shannon having depression.


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