Update: Thanks to the journalistic skills of Kimble and StephenR we know this chart is a hoax, it has however sparked some amusing comments on the IQ/party matches for NZ:)
While procrastinating doing work on the weekend I found this little stunner
Would be interesting to see a similar exercise for the 08 election
Agnitio
I know that the decline in quality adjusted house prices (Quotable Value) between September 07 and September 08 was 5.8%, and I know that quality adjusted house price growth started to slow from August 07 – so I’m picking that the annual fall pushed out to 7% in October.
A number below 6.5% tells me that house prices declines are really losing momentum, while something over 8% tells me that the recent credit crisis has feed into the housing market incredibly quickly.
So what the hell happened – there should be a headline on the Infometrics site 😉
So what happened – what party got the most votes? Did the Greens break 10%? Did Winnie get back in?
I voted on Monday the 3rd before I went away (I am writing this on Sunday though – so I don’t know who I voted for!). I am sure its been very exciting.
I do wish I was involved in some election night drinking games.
Well many of you should have already voted – if you haven’t I’ll be sure to kick your ass.
If I was in the country I would be extremely keen for an election night drinking game. As there is no game avaliable on the Sunday I am writing this I will just link to last times one:
Drinking game (ht Not PC)
I’m sure if you just changed a few of those things it would be all good 🙂
The long run is a misleading guide to current affairs. In the long run we are all dead
More commonly written as “in the long-run we are all dead” putting the quote in wider context makes it more reasonable. Fundamentally all this tells us is that the long run (when prices can all clear and agents have responded to a shock) differs intrinsically from the short run.
After a stong September, business confidence collapsed in October with a net 42% of firms stating that the economy is going to reverse.
Most indicators deteriorated markedly – and this appears to provide clear evidence that recent credit market uncertainty has convinced businesses enough is enough, and a full readjustment in employment and activity levels is on the cards.