Monday, January 18, 2010

Returns on N.Z. businesses – not pretty

Bernard Hickey does a good job here…. and it’s scary.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10620622

The inability of the N.Z. economy to provide a platform to grow large companies from is well enough known – and some of the reasons are understandable enough. They all applied once though, to Hong Kong and Singapore – which makes it worth asking “what’s different?”

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