{"id":7867,"date":"2015-08-25T08:23:37","date_gmt":"2015-08-24T19:23:37","guid":{"rendered":"http:\/\/mananews.co.nz\/wp\/?p=7867"},"modified":"2015-08-25T11:25:47","modified_gmt":"2015-08-24T22:25:47","slug":"black-monday-hits-new-zealand","status":"publish","type":"post","link":"http:\/\/mananews.co.nz\/wp\/?p=7867","title":{"rendered":"Black Monday hits New Zealand"},"content":{"rendered":"<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\" alt=\"avatr\" width=\"70\" height=\"90\" \/><\/a>\u00a0Mana News editor Joe Trinder<\/p>\n<h3>Under Government supervision the New Zealand economy is trying avoid talking itself into recession. State broadcaster TVNZ didn&#8217;t notice\u00a0China our primary trading partner&#8217;s economy fall over.<\/h3>\n<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/CINA.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6387\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/CINA.jpg\" alt=\"CINA\" width=\"600\" height=\"350\" srcset=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/CINA.jpg 600w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/CINA-300x175.jpg 300w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/CINA-570x333.jpg 570w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>China stock market\u00a0plunged on Monday after a 9 percent dive approximately $5.5 trillion dollars, this has affected the\u00a0New Zealand share market. The S&amp;P NZX 50 was down 143 points, or 2.49 per cent, to 5616. The market lost \u00a0$2.25 billion off the market&#8217;s total value.<\/p>\n<p>In July the\u00a0Chinese stock exchange took a 5.9% plunge of approximately $3.5 trillion dollars.\u00a0The Chinese stock market crash has been described as far worse than the 1929 stock market crash as that happened over months. China\u2019s stock market has dropped by 30% ($3.4 Trillion) in three weeks of july.<\/p>\n<p>TVNZ One News has been silent on the Black Monday financial crisis to protect the perception of a so called rock star economy. To find zero story&#8217;s from TVNZ on Black Monday click <a href=\"https:\/\/www.tvnz.co.nz\/one-news\">here\u00a0<\/a><\/p>\n<p>If Bill English the Finance Minister had not of borrowed $100 million dollars, treasury\u00a0would have the capacity\u00a0to protect the economy.<\/p>\n<p>The <a href=\"http:\/\/www.nationaldebtclocks.org\/debtclock\/newzealand\">New Zealand Debt Clock<\/a> reached $100 billion NZ dollars of <strong>government<\/strong> debt. That calculates to to $25,000 debt for every Man, Woman and Child in New Zealand. Equal to 50\u00a0per cent of New Zealand\u2019s economic output.<\/p>\n<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6925\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis.jpg\" alt=\"NZDebtCrisis\" width=\"780\" height=\"958\" srcset=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis.jpg 780w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis-244x300.jpg 244w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis-570x700.jpg 570w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis-701x861.jpg 701w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Mana News editor Joe Trinder Under Government supervision the New Zealand economy is trying avoid talking itself into recession. State broadcaster TVNZ didn&#8217;t notice\u00a0China our primary trading partner&#8217;s economy fall over. China stock market\u00a0plunged on Monday after a 9 percent dive approximately $5.5 trillion dollars, this has affected the\u00a0New Zealand share market. The S&amp;P NZX [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5,1],"tags":[],"class_list":["post-7867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news","last_archivepost"],"_links":{"self":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/7867"}],"collection":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7867"}],"version-history":[{"count":29,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/7867\/revisions"}],"predecessor-version":[{"id":7898,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/7867\/revisions\/7898"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/media\/6387"}],"wp:attachment":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7867"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}