🚨 New Zealand’s economy is collapsing — 150,000 people have already fled, and the crisis is only getting worse. From soaring debt and a housing bubble to rising unemployment and dependence on China, New Zealand’s “paradise” image is cracking. New Zealand, once admired for its quality of life, is now facing its deepest economic crisis in decades. With unsustainable household debt, rising unemployment, and mass migration, the question is clear: can New Zealand reinvent its paradise, or is it headed for collapse?
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#NewZealandCrisis #EconomicCollapse #HousingCrisis #CapitalFables
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Welcome to Capital Fables, where we dive deep into the realms of economics, geopolitics and rich tapestry of human history with our collection of free documentaries. Explore the stories behind the world's most significant events, from financial crisis, recessions and intricacies of hyperinflation to how a country becomes rich. Whether you're a history buff, an economics enthusiast, or simply curious about the world and countries around you, our documentaries offer a captivating journey through time and knowledge. Subscribe now and embark on an educational adventure with us!
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– Contents of this video ---
00:00 Mass Exodus From Paradise
02:24 Productivity Paradox
05:15 Cracks in Agriculture and Tourism
07:59 Concentration of Export Markets
10:48 External Vulnerabilities
12:17 Housing Bubble Time Bomb
14:59 Austerity the Right Way Forward?
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