@GaneshAhirao @bernardchickey - be the only cental bank with an tightening bias in the OECD?
16/04/2014 5:33 p.m.
@GaneshAhirao @bernardchickey - deflate tradeables? Shut down traded sector push it offshore? Have more to spend on land & buildings?
16/04/2014 5:33 p.m.
@bernardchickey @GaneshAhirao - how good are the RBNZ models - @ProfSteveKeen says models are flawed - watch it happen again next week.
16/04/2014 5:15 p.m.
RT @TheBubbleBubble: Chart: How regional dominance of the global economy changed over the past two centuries: http://t.co/XTG7xR6BjQ
16/04/2014 5:13 p.m.
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Earthquake and Aftershocks

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Many of us in Canterbury and Christchurch have been very lucky – to come through such an experience with few injuries and no loss of life is astounding. That said for some the impact on property and their lives has been profound, brick built, none-engineered buildings or those subject to local geological conditions have been hardest hit.

On Monday last at the 131st AGM for the Association two ideas came through strongly; many were physically unscathed and back into shipping stuff to customers but that many had been spooked by the initial earthquake and aftershocks. The pervasive problem is psychological and getting through this will be part of the normalisation process.

This link will take you to comments by Sarb JohaI that hope will be helpful in understanding and dealing with the problem.




tags: earthquake, aftershocks, sarb johal, spooked, psychological

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