China’s economy tanks, so in New Zealand could it bring degrowth by disaster?

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This blogpost outlines what has happened recently in China’s economy and the consequences for the NZ dairy industry. And, because we are so ridiculously dependent on our dairy exports, for the NZ economy.

So are we going to get degrowth by disaster and not by design? Possibly. The price farmers get for their milk is dropping fast. Farmers are really worried, especially those with a lot of debt.

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