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September 15, 2009: Economic weather report: NZ's worsening debt problem

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  • Viking
    replied
    The ratio has altered because our GDP has fallen. See what happens in the next six months and further out.

    Leave a comment:


  • Hawkeye77
    replied
    It' a bit of a worry, lucky those credit rating companies are such a joke, or NZ's credit rating would already be downgraded, and interest rates higher as a result.

    Leave a comment:


  • September 15, 2009: Economic weather report: NZ's worsening debt problem

    Bernard Hickey details an economic weather report in association with ASB, including a look at a chart showing New Zealand's debt to GDP ratio has accelerated sharply despite many perceiving we hav...


    From: http://www.youtube.com/watch?v=IxmRGVOmYhU&feature=sub
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