HERALD HAS THE FINANCIAL STORY OF THE WEEK

We missed it today - we normally get the Herald in hard copy but it was sold out in the dairy so we did not see Fran Sullivan's sobering article..

Thanks to QB at the Hive we have now

The dark clouds of financial upheaval are on the horizon but it looks like our politicians are looking the other way. Our banks are not as safe as we have been led to believe.

It is hard to believe that Cullen and Clark would leave the country teetering on the brink of financial collapse just so they can go in a couple of days before the election and save the day but that's what Fran is implying.

Bollard has the ability to step up and tell the country what needs to be done rather that Clark and Cullen telling him what they want done.


Read the Hive Here - for a good summary

and Fran's Column is here its mandatory reading


and re read these two Roarprawn posts as well

NZ one of thirteen most at risk countries

and

Iceland Melts