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14
DEC 10

TARA or TINA




The TINA’s (there is no alternative) are here again, this time in the guise of the Infometrics. No need to change anything in New Zealand we are doing the very best that can be done. Frankly if what we are doing is the best it is time to throw ourselves on the charity of Australia and plead to become Tasmania Two.

http://www.infometrics.co.nz/article.asp?id=5199

 

It has seen returns to our tradeable sector shrink to the point where investment has stopped, where jobs and growth hang on by their fingertips, when any who call for a change, a new direction and promote the position that there reasonable alternatives (TARA) brings out the TINA’s in force.


Singapore did not have Singapore’s money when Singapore started in 1960, it was about one fifth of New Zealand’s economic size, and today it is around one third bigger economically than New Zealand. Throughout that time Singapore has enjoyed lower interest rates, higher growth and lower inflation. Don’t you think there is something we might just learn from them, rather than hanging on to a failed prescription all the way to bankruptcy or charity?
 

You can see more here:

http://www.realeconomy.co.nz/21-monetary_policy_has_it_worked.aspx

http://www.realeconomy.co.nz/27-bollards_dilemma.aspx

http://www.realeconomy.co.nz/29-getting_things_done_the_singap.aspx


tags: singapore, growth, interest rates, tina, tara
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