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Ryan Bridge: Standing still is not a strategy · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: We have got another little update. This is from a
• 0:02
  Speaker 1: ratings agency. This is Moody's. They've taken a look at
• 0:04
  Speaker 1: our credit. They've taken a look at our economy. Much
• 0:07
  Speaker 1: the same as the S & P one we spoke
• 0:09
  Speaker 1: about last week. But here's a few things this country
• 0:12
  Speaker 1: cannot afford to forget. We are a trading nation. We
• 0:15
  Speaker 1: have a small population. Unless we sell stuff to the
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  Speaker 1: rest of the world, which the world then pays us for,
• 0:22
  Speaker 1: we are a backwater. We are a money-go-round. We are
• 0:24
  Speaker 1: a low-income poor cousin at the bottom of the Pacific. Dairy, meat...
• 0:29
  Speaker 1: Kiwi fruit, honey, you name it. If we don't have
• 0:32
  Speaker 1: strong export industries, we're basically buggered. We need more of them,
• 0:36
  Speaker 1: of course. We have tourism. Let's not whinge too much
• 0:39
  Speaker 1: about the camper vans. The world's cooked at times, and
• 0:42
  Speaker 1: there'll be another Hormuz before long. Hell, the current Hormuz
• 0:45
  Speaker 1: isn't over yet, and that means we need storage for diesel,
• 0:49
  Speaker 1: which we're doing, but we need more of, for gas,
• 0:52
  Speaker 1: which Genesis is looking at, and Todd and Uncle Shane
• 0:55
  Speaker 1: are trying to find And data centres. I know they're controversial,
• 0:59
  Speaker 1: I know people hate them, but they shouldn't be. If
• 1:02
  Speaker 1: done well, and by well I mean they wash their
• 1:04
  Speaker 1: own faces, then tick tick. The other thing we desperately
• 1:08
  Speaker 1: need are roads that don't wash out when it rains.
• 1:11
  Speaker 1: Petrol taxes pay for that, so let's maybe not cut
• 1:14
  Speaker 1: our nose off to spite our face in that regard.
• 1:17
  Speaker 1: It's pretty simple really. We need to keep doing what
• 1:19
  Speaker 1: we're doing. We need roads to get our stuff to port.
• 1:23
  Speaker 1: We need oil to keep the country moving. We need
• 1:26
  Speaker 1: ships coming and going, and we need something new on
• 1:31
  Speaker 1: the horizon always. For more from Early Edition with Ryan Bridge,
• 1:35
  Speaker 1: listen live to Newstalk ZB from 5am weekdays, or follow
• 1:39
  Speaker 1: the podcast on iHeartRadio.