Bank of New Zealand grows worried about 'near-recession'

[dancingshoes]

"As each day passes, the likelihood of our alternative scenario, of an economy stumbling to near-recession, increases," said head of research Stephen Toplis in analysis released at much the same time as Prime Minister John Key was telling journalists it was important to "keep Chicken Licken at bay" and not talk the economy down.

http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11505797