Scott Morrison's economic humblebrag disproved by New Zealand comeback
Here’s some news I reckon some of you will have missed in a stressful week. New Zealand’s economy grew by 14% between July and September. Yep, 14%. Feel free to select your superlative of choice: stellar, extraordinary, remarkable. No rush, I’ll wait. While you are doing that, let me give you some context. The report card from across the ditch isn’t all brilliant. When assessed year-on-year, New Zealand’s economy shrank by 2.2%. Why? Because the pandemic isn’t over. The world remains mired in the biggest global economic crisis since the Great Depression.
View the full story here: https://www.theguardian.com/australia-news/2020/dec/19/new-zealand-shows-the-best-strategy-for-economic-recovery-is-successfully-managing-covid