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A worrying $52 billion discrepancy

Bryce Wilkinson writes: Senior Fellow Bryce Wilkinson’s analysis reveals that since March 2009, New Zealand has spent $158 billion more overseas than it has earned, but its NIIP has only fallen by $32 billion. Statistics New Zealand shows that receipts from overseas reinsurers have made a significant contribution to funding that $158 billion. “We do ....

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