New Zealand is officially in recession
These figures will be massaged; they always are. They are talking about recovery but how is that possible when people can’t come ino or leave the country and our #1 earner, tourism, is completely shut down. Yesterday, they were saying 16 % https://www.newshub.co.nz/home/politics/2020/09/national-fears-brain-drain-as-new-zealand-economy-shrinks-more-than-australia-from-first-lockdown.amp.html?__twitter_impression=true&s=09 ‘In the eye of the storm’: Quarterly GDP falls a record 12.2 percent, New Zealand officially in recession Newshub, 17 Setermber, 2020 New Zealand Gross Domestic Product (GDP) fell by a record 12.2 percent in the June…
