there is optimism China's economy will remain strong and that will buffer New Zealand from the latest round of turmoil on global financial markets.This turmoil is major indeed. And this is the financial system but the effects of peak oil with a loss of cheap energy coming, and climate change is obvious. For me, my critical analysis says that it is actually happening, we have reached a place in our time on this planet of critical juncture and our world is undergoing unheaval. Key's option of spinning is a cop out - the only one to 'save' us is us and that means not selling our land and resources to any bidder with the money. That means saying no to the exploiters who are mining and prospecting for oil and gas in our rohe. And it also means supporting community and unity, equality and empowerment. It is time for the past to lead us to the future.
On a lighter note :)
Watch for the effects of major sunspot activity
A highly active region on the Sun threatens to deliver powerful geomagnetic storms over the week ahead. Highly energetic solar eruptions are likely heading in our direction to give Earth’s magnetic field a significant glancing blow! Over the past few days the new sunspot AR1302 has been incredibly active, hurling massive X-class solar flares into space and it will soon face Earth.jeepers another Carrington Event would stuff up the money go round, wouldn't it.