I just thought it might be an interesting discussion to see what people's lasting memories are of the last recession, given the world is heading into recession, and it looks like we will eventually follow suit.
Probably the biggest event for me was the dad losing his job, despite being a well regarded and well educated industrial chemist and previously, metallurgist.
Being a kid, it didn't really effect me a whole lot, but perhaps my lasting memory is from going to the footy every second week on the bus to Subi, and seeing probably half of the office blocks in West Perth vacant with for sale signs, or to let signs on them. I often wonder whether or not the people who work there, and live here realise that it was a ghost town back then, with what it is like now. But in Perth, it was probably more like a depression in certain sectors, rather than a recession.
I also remember the constant piss taking of Keating on Fast Forward. And him wanting to sell Australia's greatest Asset - its people.