Four for Key?

The national party led by John Key won the New Zealand election easily. The Labour opposition gained only 25 percent of the vote, and is now in disarray, arguing about the reasons and fighting over the leadership. The pundits are suggesting the John Key could go on to win a fourth term in three years’ time.

They are getting ahead of themselves. Not far into this current term, an economic shock will strike. The leaders who claim to be good economic managers will make some serious mistakes that plunge a downturn into a disaster. They will go from hero to zero in a short space of time.

This will not help the opposition. They will be equally confused about what to do. Both parties will be at a loss.