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Comments on: New Zealand: First developed nation to fall into a recession following the Sub-Prime crisis http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/ The Visible Hand in Economics Mon, 29 Sep 2008 06:02:43 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2585 Mon, 29 Sep 2008 06:02:43 +0000 http://tvhe.wordpress.com/?p=1310#comment-2585 “I think Ireland may have beaten us to it?

http://news.bbc.co.uk/2/hi/business/7635426.stm

That was posted at 2am Friday NZ time.”

Same quarter though – I think we can call it a tie 🙂

“Shouldn’t we be aiming to work less?”

Shouldn’t that be a person’s choice. Why should we explicitly aim for “working less” when we know people value both leisure and income. We should let people make the choice regarding what they want to do.

]]> By: Security And Prosperity Partnership http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2586 Sun, 28 Sep 2008 03:56:17 +0000 http://tvhe.wordpress.com/?p=1310#comment-2586 The lonely one offers his hand too quickly to whomever he encounters.FriedrichWilhelmNietzscheFriedrich Wilhelm Nietzsche

]]> By: Illegal Immigration http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2587 Sat, 27 Sep 2008 05:29:24 +0000 http://tvhe.wordpress.com/?p=1310#comment-2587 We already have the statistics for the future: the growth percentages of pollution, overpopulation, desertification. The future is already in place.G%FCntherGrassG?nther Grass, Winner of the Nobel Prize for Literature, 1999

]]> By: John http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2589 Sat, 27 Sep 2008 03:05:33 +0000 http://tvhe.wordpress.com/?p=1310#comment-2589 Shouldn’t we be aiming to work less?

]]> By: Dean Yarrall http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2588 Fri, 26 Sep 2008 15:56:06 +0000 http://tvhe.wordpress.com/?p=1310#comment-2588 I think Ireland may have beaten us to it?

http://news.bbc.co.uk/2/hi/business/7635426.stm

That was posted at 2am Friday NZ time.

]]> By: Stephen http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2593 Fri, 26 Sep 2008 06:21:47 +0000 http://tvhe.wordpress.com/?p=1310#comment-2593 As a Gen Y-er, i’m almost disappointed with how boring this recession has been! No car, no kids, no house probably helps 😀

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2592 Fri, 26 Sep 2008 02:16:54 +0000 http://tvhe.wordpress.com/?p=1310#comment-2592 Number wasn’t even as bad as I would have expected – in fact it was an improvement on the -0.3 to -0.8 range I’d put down in the preview.

]]> By: Kimble http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2591 Fri, 26 Sep 2008 00:22:10 +0000 http://tvhe.wordpress.com/?p=1310#comment-2591 weeeeeeeeeeeeeeeeeee

]]> By: Conspirama http://www.tvhe.co.nz/2008/09/26/new-zealand-first-developed-nation-to-fall-into-a-recession-following-the-sub-prime-crisis/#comment-2590 Fri, 26 Sep 2008 00:20:45 +0000 http://tvhe.wordpress.com/?p=1310#comment-2590 New Zealand: First developed nation to fall into a recession ……

Given how trade exposed we are I would assume that we would lag the rest of the world – but mother nature came in, provided us with a drought, and dragged us into recession. More details on GDP to come, maybe ……

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