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  No, not at all Howard. This needs to be looked at in the whole. Southern Eurozone countries were and are far worse hit because they were unable to allow their currencies to take some of the strain. We too would have fared much worse if we were Euro members. Growth figure for a single quarter are of no statistical relevance to this, indeed growth is not a major consideration for Euro membership, there are much more significant considerations anyway.
  
  You had might as well suggest we should join with the Australian Dollar, after all they were not hit by the so called 'global' recession at all....

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