Winter is coming! Undead dragons, endless night, frost giants, 2 per cent GDP growth, low house-sale volumes ... brace yourself.

Game of Thrones fans will see what I did there – mixing pop culture and economics for dramatic effect.

My point is that New Zealanders have habit of getting overly gloomy in the winter months when in fact things are never as bad as a fictional medieval kingdom during a period of total war.


Serious GOT fans hoping for deeper economic analysis of the post-war reconstruction of Kings Landing will have to look elsewhere.

Ok, spoiler alert.

The Iron