Banks looking at having to deal with a possible 40% drop in New Zealand dairy land prices due to a recent substantial fall in global dairy prices.
NZD taking a hit in response this week as banks make regulatory responses to asset impairments.
Meanwhile, not one neo-liberal cow has been arrested and sent to jail so far in the face of this blatant bovine control fraud scandal. No justice or prosecutions so far for any of these milksters.
Dairy land prices could fall 40 per cent in worst case scenario - Reserve Bank https://t.co/brGWh2D8kz pic.twitter.com/uFDHr7owJh— ONE News (@ONENewsNZ) March 16, 2016