Post of the week

[Imported from Whale Oil Beef Hooked on Blogger]

Following on from the warnings of the Reserve Bank Governor, here is a post on Jordan’s Blog that warrants a mention.

Helen Clark speech from the throne 1999: ‘The current account deficit is very large, reflecting both mediocre export performance and poor levels of savings.

My government is determined to address these structural failings in order to improve real incomes and provide the means to restore our social services to being amongst the best in the world.’

Six years on and we have the same problems thanks to lack lustre incrementalist leadership.

Well, Well, Well, three holes in the ground haven’t things improved.

 


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