So says an article on Stuff. This makes sense to me, after all having the means to buy what you value the most is useful. In fact, this is incredibly relevant for my article in the Dom Post tomorrow
Monthly Archive: December 2010
Permanent link to this article: http://www.tvhe.co.nz/2010/12/17/all-i-want-for-christmas-is-cash/
Dec
16
2010
Another sentence
The shift from debt-financed consumption to greater saving and investment is also expected to support the household sector’s capacity to repay its debt. This is from the RBNZ’s Dec 10 bulletin. This is a good article, but the nature of this specific sentence grates me. I would suggest reading and enjoying the article for what …
Permanent link to this article: http://www.tvhe.co.nz/2010/12/16/another-sentence/
Dec
16
2010
Sentence to ponder
Via Stats NZ Increases in borrowing, interest paid, and investment in housing by households and the private unincorporated producers sectors (sole traders, partnerships) suggest that New Zealand increased its international indebtedness through offshore borrowing to finance housing, among other things. That is from their new Institutional Sector Accounts, which I’m going to spend a bit …
Permanent link to this article: http://www.tvhe.co.nz/2010/12/16/sentence-to-ponder/
Dec
02
2010
Irish and Greek crises: Why is NZ different?
This post from Marginal Revolution has moved me from thinking to writing. On the surface there appears to be a lot in common with the Irish, Greek, and NZ economies. All three have high net foreign liability positions, liabilities are highly concentrated through banks who are borrowing overseas, all three have experienced some form of …
Permanent link to this article: http://www.tvhe.co.nz/2010/12/02/irish-and-greek-crises-why-is-nz-different/
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