One clarification if you're not familiar with New Zealand banking. The article states:<p>> Last week, Bank of New Zealand warned that “things could well and truly turn to custard” as the global economy is plunged into recession.<p>I read that and thought "Holy hell, central bankers in the US are usually extremely measured in their comments, they would never say something like 'things could well and truly turn to custard'". I misunderstood, thinking that "Bank of New Zealand" is their central bank. It's just another big bank, not "The Reserve Bank of New Zealand", which is their actual central bank.