Government needs to hold to its line on dairy
Talk of 'bailouts' and 'summits' is political opportunism and economic folly.
Normally, if prices for New Zealand's main commodity export slump, a recession follows pretty much as night follows day.
Historically, whenever wool, and to a lesser extent meat, slumped, they took the rest of the economy with them.
And that followed with dairy when that sector took over in the
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