2016 – Ongoing jobless tally
Continued from: 2015 – Ongoing jobless tally
So by the numbers, for this year;
economy
-
-
Cataclysmic, sell everything and your Kiwisaver account
Most NZers have Kiwisaver now, which means the meltdown impacts you if your money is invested in the stock market. The only Kiwisaver option you can choose which removes you from the stock market altogether is opting for the cash rate. You can do this on your banks website.
-
China pauses in meltdown – globe shudders
What does all of this mean? It means the massive money printing programs only stalled the inevitable corrections to the bubbles that money has created. Add in the impacts of climate change and we have all the ingredients for an economic depression.