Behind the paywall but sounds a lot like forecasts made by others on this site.
https://www.nzherald.co.nz/business/...5PWLVHZ5RZSMA/
Mark Fowler: Why long-term interest rates are more likely to fall.
- Financialisation of the economy. Finance is already at least five times larger than the real economy and it will continue to grow. I wonder how that compares to past decades? House price rises anyone?
-Technology reducing prices
- Demographics - but here instead of saying retiring old people spend less he said the number of poor people will grow and they will spend less as more wealth and income flows/trickles up to fewer hands.
Admits it is a house of cards but that is also why interest rates won't rise as that would bring the house of cards down.
Makes me sad but you get what you vote for. Although we didn't vote for Adrian Orr but he is the great enabler.