No Recovery Can Be Guaranteed

  A recovery from the global financial crisis can’t be guaranteed. There’s no reason why employment, consumer spending and business confidence have to recover in New Zealand. The unwinding of what George Soros calls the…

Reality Check On BRIC Stories

The Brazil-Russia-India-China acronym was first coined by Goldman Sachs economist Jim O’Neill. Ostensibly, it’s a prediction that these four countries will take over the world because of the massive increase in their population, GDP and…

More European Union Powers Won’t Work

The theory of Optimal Currency Area first written about by Robert Mundell had several key requirements in order for a currency union to work. They were labour mobility, capital mobility, flexible prices and wages, similar…