Is Australia At Risk Of “Jumping The Shark?”

The slang term “Jumping The Shark” according to the Urban Dictionary, is when something has reached its peak and begun a downhill slide to mediocrity or oblivion. It was especially applied to TV shows like the Happy Days episode where Fonzie jumps over a shark while on water-skis. This was considered to be the low point in the show’s multi-year run. But its also applicable to what’s happening in Australia just now, as according to the latest economic data we are teetering on the brink of falling back into a per capita recession. The data released as part of the […]