Srdjan,
I do understand. I'm still living in a country that some say is about to be the first 1st-world nation to descend back to the 3rd world. NZ has many things to recommend it, but unless it can make its way in the world, particularly pay for its way in the world, then it isn't so special. Any model that relies on borrowings to maintain itself is a short-term illusion, no matter how lovely it appears while you spend your children's inheritance to support your lifestyle.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1