I’m so sorry I am still away – currently a bit caught up! I will be back posting properly and answering comments in a few days.
For now, here is the latest article I’ve popped up on Rates Blog.
In it I discuss what it means for there to be a “bubble” due to foriegn investment, and I mull over long-term foriegn investment. I am relatively terse in the article, this probably stems from my lack of sleep and the fact I’m busy 😉
Foreign investment and the associated capital flows have been a net positive for New Zealand in the past.
Let’s not forget this as we try to figure out what policy to set in a post-Global Financial Crisis world.
I have no doubt that this article will be unpopular with close to everyone. That is fine.