Harpo

 
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  • in reply to: Debt Rattle January 20 2015 #18507
    Harpo
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    The NZ Prime Minister is certainly engaging in “hollow propoganda” which seems to be default setting for leaders everywhere these days. Of NZ’s top export products, 3 are tanking – Dairy and oil prices are half of what they were 12 months ago, wood prices are down and only meat prices remain firm but for how long? NZ’s 2 biggest trading partners are Australia and China and their economies are going south rapidly, with likely flow-on effects. So how the economic outlook can be rosy for a small exporting nation with this equation I do not know.

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