Showing posts from January, 2009

2009 Thoughts and Flights of Fancy

So it is 2009. Nice day here in Auckland to get it rolling. What will happen?

1. Economic Turmoil: I suspect that we have a challenging year ahead as a nation and world with the global economic crisis. It will take at least this year to get out of it. For NZ, I suspect once the New Year sales are over, the lower dollar will mean more expensive stuff, and the market will slow more. The speed of recovery will be completely dependent on the ability of the US government to get their economy rolling again. That may be difficult, how long can they prop it up?

2. Trouble for John Key: He has inherited a golden challice, a slowing weakened economy. If the global economy does not start to get moving again, I suspect the honey moon period will be a short one and National will come under pressure. How will he handle it? Will he make it to a second term? It will be interesting to see if he holds his poise and has the wisdom to do the business as the pressure comes on.

3. Sporting predictions: The Au…