New Zealand's debt levels are closing in on $1 trillion, almost doubling in the last ten years. 

Economist Cameron Bagrie told Mike Hosking that while our debt issues need to be solved, on a global level we aren't out of the norm. 

"The government books are a lot healthier than what we're seeing in an awful lot of other countries around the globe, but we're, we're a shaky island, so we get a bit of a shock every sort of 10 years, so we can't afford to take debt probably too much beyond 50% of GDP."

LISTEN ABOVE 

New Zealand's debt levels are closing in on $1 trillion, almost doubling in the last ten years.&nbsp;
Economist Cameron Bagrie told Mike Hosking that while our debt issues need to be solved, on a global level we aren't out of the norm.&nbsp;
"The government books are a lot healthier than what we're seeing in an awful lot of other countries around the globe, but we're, we're a shaky island, so we get a bit of a shock every sort of 10 years, so we can't afford to take debt probably too much beyond 50% of GDP."
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Cameron Bagrie: Economist on NZ debt levels closing in on $1 trillion

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c2b74200-9fe6-4b1d-b5b1-b4b6015916e9/transcript