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Analysis
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Animal spirits the magic ingredient in economic recovery

Economically Speaking: John McDermott explains how we are bootstrapping each other out of recession.

Recently I was enjoying a coffee at my local café and I noticed how busy it was. There was a pleasant buzz around the place, with lots of comings and goings. New Zealand has done very well in eliminating two waves of Covid-19 and this lifted our animal spirits.

Animal spirits is the term

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John McDermott Tue, 13 Oct 2020
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Animal spirits the magic ingredient in economic recovery
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