Turns out those green shoots of recovery were really the dried snot of desperation after all

The so-called New Zealand economic recovery 2026 was always shaky — now it’s starting to look like it never really existed at all. As warnings of rising unemployment and inflation mount, the narrative of “green shoots” is quickly unravelling.

Oh look at that, the Green shoots of recovery were the dried snot of desperation — a sugar hit dressed up as growth.

NZ economic growth was a ‘pig in a python’ and temporary, UK economist says

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A visiting British economist says New Zealand’s much vaunted “green shoots of growth” at the end of last year was not real growth but a “pig in a python” ‒ a temporary injection of cash into the economy.

So those “green shoots” were never real

And he says without real growth, New Zealand will fare badly from the oil supply shock that is about to hit.

Andrew Hunt is a UK-based independent economist and investment strategist who frequently provides macro-economic analysis on New Zealand through his firm, Andrew Hunt Economics Ltd, and in partnership with Amova Asset Management. Hunt was in the country last week to speak at Amova’s annual summit, where he presented a dystopian outlook for the country.

Stuff

You can’t build an economy on temporary injections and call it recovery.

And now the real economic pain begins

…TDB told you the supposed recovery was more mirage than reality and now we are facing predictions of 6% unemployment and inflation over 4%!

Trump’s insane military adventure (thanks to being tricked into it by Israel) is hammering our economy and we have nothing to do with this!

This Government has borrowed more than Labour did, and they don’t have a once in a century pandemic to justify it!

By borrowing $14 billion for tax cuts we couldn’t afford, $3 billion for landlord loopholes, hundreds of millions for oil and tobacco subsidies, all while hollowing out public services.

This is a slow moving disaster, this economic vandalism is why over 200,000 Kiwis have fled the country since this Government came to power.

Because this is what happens when short-term politics replaces long-term planning. The sugar hit wears off. The bills arrive. And it’s ordinary Kiwis who are left to pay them.