• Forbes on the NZ's new economic direction

    From JohnO@3:770/3 to All on Monday, November 20, 2017 11:34:50
    "It seems likely that New Zealand will experience a recession during Ardern's term. Nobody is predicting a return to the bad old days of the 70s, but New Zealand will probably lose its status as one of the most open, free economies in the world. It takes
    decades to weaken an economy, just like it takes decades to strengthen it. But investors will probably want to avoid New Zealand for the time being."

    What a shame. But as the writer points out it takes decades to weaken an economy and the current coalition of loses will only be there for three years, perhaps less.

    https://www.forbes.com/sites/jareddillian/2017/11/20/new-zealand-an-economic-success-story-loses-its-way/#4ea715db5f7a

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)