Tag: recession
NZ Government To Kickstart Economy By Giving Out Loans
by admin on May.06, 2009, under Politics, NZ and the World
NZ Government could and should get us out of this recession.
NZ Herald article today highlighted that
Banks’ reluctance to pass official cash rate cuts on to borrowers is hitting businesses even harder than home buyers.
One key Reserve Bank measure of business borrowing costs has barely budged since the central bank began cutting less than a year ago.
The government commented
“Banks are crying they have to pay more for money they get overseas and that’s why rates have held up, but business rates have held up much higher than those for home owners and I don’t think that’s fair or right.”
5 Tricks to Get Your Business Out of the Recession Rut
by admin on Apr.22, 2009, under Living as Mortals, Politics, NZ and the World
If your business is stuck in a recession rut, you definitely need to do something drastic to get out before the road ends!
The primal instinct (especially if you come from accountancy) is to cut cost. But nothing could be worse than this. Why?
Top Tip to Get Out of Recession
by admin on Apr.21, 2009, under Living as Mortals, Politics, NZ and the World
One advice on getting your country out of recession: Spend!
Why Spend? Why not save? Income is scarce, jobs are being cut, we need to batten down the hatch and survive the storm! Really?
Let us examine first why the economy is in doom and gloom…
Economic Meltdown: Woe unto us? Or is it US?
by admin on Sep.29, 2008, under Politics, NZ and the World
Read this morning about the US government veto on the investment bail out plan. We’re living in an interesting time.
Will it bring forth the economic destruction on us? Or just US?
Not sure of what to make out of this one, though….
Happy are they who have cash as they’ll be buying things in bulk soon when the price drops. Who said recession is all bad?
