[PEN-L:1272] Re: NZ

[Bill Rosenberg <w.rosenberg@xxxxxxxxxxxxxxxxxxxxxxx>]

Doug Henwood wrote:

> Speaking of NZ, today's Financial Times has an article on the
> country. I'm quoting only the lead (or lede, as we say in j'ism), so
> as not to get Don Roper's copyright reflex all a-flutter. You can
> get the whole thing from the FT's web site <http://www.ft.com>. Go
> down to the bottom of the opening screen and search for "New
> Zealand," since the URL I've got is one of those long long temporary
> search things.

Thanks for pointing this out Doug. Interesting - esp considering
where it appeared. It spends a lot of time discussing whether New
Zealand's bad reaction was due to the Reserve Bank getting its
numbers wrong. I think it is much more a structural problem
than that.

Bill