NZ Economy on Brink of Collapse Due to Energy Constraints
Auckland Business Chamber CEO Simon Bridges warns that New Zealand's economy is at risk of collapse due to energy constraints. While walking out of his office, he encountered a group protesting against data centres, which they believe will have a devastating impact on water resources.
Bridges acknowledges the concerns but highlights the importance of energy in driving economic growth. He notes that New Zealand's economy is heavily reliant on energy and that any disruptions could have severe consequences.