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2022 - You're Best Guesses On What It'll Bring

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  • #16
    Originally posted by artemis View Post

    Most of the damage, and I agree plenty has been done, is to the taxpayer. Social housing waiting lists and households in motels etc up dramatically and no sign of slowing.

    Housing Minister Woods said the other day (while requesting compassion from landlords LOL) "We've got information and data that tells us that actually people are often coming from private rentals before they fall into transitional housing or emergency housing''. Well duh.

    Panicking.
    BUT, it is after all a global trend, the printing of billions/trillions have not helped? Thats what all my research is leading to, the poor get poorer and the rich/wealthy carry on as usual.

    The difference between the 2 is one works for wages and the other doesn't!
    "DEBT BECOMES IRRELEVANT WITH INFLATION".

    Comment


    • #17
      Skeptic is right - the other lot would be little better. The gNats have long since abandoned their initial precepts and the Party's reason-for-being. E.g:

      New Zealand National Party Founding Principles
      • to promote good citizenship & self reliance
      • to combat communism & socialism
      • to maintain freedom of contract
      • to encourage private enterprise
      • to safeguard individual rights & the privilege of ownership
      • to oppose interference by the state & state control of industry


      Not only have those founding principles been abandoned, it seems to me that the gNats (or Labour Lite as some call them) are particularly bad at recognising the times we live in and adapting themselves and their founding principles to them.

      Don't forget: it was Shonkey who arranged for Pretty Sharpie to sign that nasty UN Declaration (UNDIPR) that even comrade commissar Clarke shied away from.
      Last edited by donna; 10-06-2021, 12:45 PM. Reason: Images weren't showing - Perry to add them again
      Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

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      • #18
        Originally posted by Perry View Post
        Skeptic is right - the other lot would be little better. The gNats have long since abandoned their initial precepts and the Party's reason-for-being. E.g:

        New Zealand National Party Founding Principles
        • to promote good citizenship & self reliance
        • to combat communism & socialism
        • to maintain freedom of contract
        • to encourage private enterprise
        • to safeguard individual rights & the privilege of ownership
        • to oppose interference by the state & state control of industry


        Not only have those founding principles been abandoned, it seems to me that the gNats (or Labour Lite as some call them) are particularly bad at recognising the times we live in and adapting themselves and their founding principles to them.

        Don't forget: it was Shonkey who arranged for Pretty Sharpie to sign that nasty UN Declaration (UNDIPR) that even comrade commissar Clarke shied away from.
        WOW - those were the founding principles? If only there was a ruling party practising these. The country and world would be a much better place.

        Comment


        • #19
          Originally posted by hawkeye View Post
          There will be many new variants of the virus over the year and the vaccine will become less effective. At some point it will manage to get into the country and spread and the government will be in the process of pulling apart DHBs and won’t have the new set up functioning and there will be chaos and there will be a lot of blaming. People will then get to understand that a vaccine is not 100% effective so there will be many deaths and long term disabled from covid in NZ.
          Are the vaccines effective? They don't stop you getting the virus, they don't make you immune to it, and it's not known how long they work for. According to the EMA (p97): "It is presently not known if the vaccine protects against asymptomatic infection, or its impact on viral transmission. The duration of protection is not known." The vaccine makers don't claim that the jabs are "100% effective" and the claims that they do make (90% or so ) can be misleading. When there are so few infections of covid around, as currently in the UK, it is very hard to tell if the vaccines work or not. The same was true with the first stages of the clinical trials (which are ongoing until 2023 by the way - the vaccine rollouts ARE the clinical trials), because so few people actually went on to get covid in the control group and the vaccinated groups.

          How did you come to the conclusion that there will be "many deaths" and "long term disabled from covid" in NZ? So far in the UK there have been many deaths from the covid jabs (1,296) and 922,596 adverse reactions, and it is likely that adverse events have been vastly underreported (doctors telling people their reactions couldn't possibly have anything to do with the "safe" vaccines). These adverse reactions include blindness (262 people) and paralysis (315 people) so many people are being left permanently disabled, not by covid, but by what is hyped as the cure.

          Contrary to what the government and media would like you to believe, the recovery rate from covid is more than 99%, many people have natural immunity, and those who have had covid now have a high protection of 91%-94% (depending on level of community spread) by a previous infection. The average age of death from covid is around 82, and for the elderly and immunocomopromised there is a highly effective and safe treatment, which has been covered up (meaning many deaths could have been prevented). It has been covered up because if there is availabletreatment then none of these covid "vaccines" would have been given the emergency authorisation they have been given.


          But yes I agree that it will "get into the country" again (did it ever leave?) and there will be a lot of blaming, which is very much encouraged by the media.

          Oops... got a bit side-tracked from property investing...

          Comment


          • #20
            Originally posted by propertyfinder View Post

            Are the vaccines effective? They don't stop you getting the virus, they don't make you immune to it, and it's not known how long they work for. According to the EMA (p97): "It is presently not known if the vaccine protects against asymptomatic infection, or its impact on viral transmission. The duration of protection is not known." The vaccine makers don't claim that the jabs are "100% effective" and the claims that they do make (90% or so ) can be misleading. When there are so few infections of covid around, as currently in the UK, it is very hard to tell if the vaccines work or not. The same was true with the first stages of the clinical trials (which are ongoing until 2023 by the way - the vaccine rollouts ARE the clinical trials), because so few people actually went on to get covid in the control group and the vaccinated groups.

            How did you come to the conclusion that there will be "many deaths" and "long term disabled from covid" in NZ? So far in the UK there have been many deaths from the covid jabs (1,296) and 922,596 adverse reactions, and it is likely that adverse events have been vastly underreported (doctors telling people their reactions couldn't possibly have anything to do with the "safe" vaccines). These adverse reactions include blindness (262 people) and paralysis (315 people) so many people are being left permanently disabled, not by covid, but by what is hyped as the cure.

            Contrary to what the government and media would like you to believe, the recovery rate from covid is more than 99%, many people have natural immunity, and those who have had covid now have a high protection of 91%-94% (depending on level of community spread) by a previous infection. The average age of death from covid is around 82, and for the elderly and immunocomopromised there is a highly effective and safe treatment, which has been covered up (meaning many deaths could have been prevented). It has been covered up because if there is availabletreatment then none of these covid "vaccines" would have been given the emergency authorisation they have been given.


            But yes I agree that it will "get into the country" again (did it ever leave?) and there will be a lot of blaming, which is very much encouraged by the media.

            Oops... got a bit side-tracked from property investing...
            I’ll take my chances with the bat flu.
            "DEBT BECOMES IRRELEVANT WITH INFLATION".

            Comment


            • #21
              2022? More of the same, only more FUD being shoved onto us accommodation providers. Rent controls will be discussed, and possibly implemented ad hoc. Some Govt Green loon will attempt to float the idea of nationalizing (seizing) the Kiwi rental stock. A vocal minority will support this.

              Interest rates, at the cutting edge, will remain low. Prices will continue to head north, but at a slightly slower rate. Which Labour will tout as a success. Associated shortages will continue. Motels will boom, at 100% occupancy. Covid will continue to be a global scourge, not many tourists needing motels in 2022.

              Bear in mind, that we all will continue to be in business long after Labour's removal from office.

              Comment


              • #22
                With the gNats' past record - once in power - of not repealing legislation promised for the chopping block, what might we have after the current commies shuffle off to oblivion?

                A few chats I've had indicate quite a few people are quietly anticipating some form of civil unrest and socio-economic chaos, some time in the not too distant future.

                Would a gNats / ACT coalition work?
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                Comment


                • #23
                  Originally posted by Perry View Post

                  Would a gNats / ACT coalition work?

                  Yes. Most of ACTs votes came at from former National supporters.

                  Comment


                  • #24
                    ACT might do better than Winston First?

                    Last edited by Perry; 28-06-2021, 07:33 PM.
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                    • #25
                      ANZ tips rates rise in February after 'spectacular' 1.6% jump in GDP

                      17 June 2021

                      Originally posted by STUFFed
                      The country’s largest bank, ANZ, is forecasting the Reserve Bank will raise the Official Cash Rate as soon as February, after Stats NZ reported much stronger-than-expected economic growth. "We currently expect the Reserve Bank to start normalising interest rates in May 2022, but risks are now very firmly skewed to an earlier move," it said. "Borrowers should brace for the end of record-low interest rates," it said.
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                      • #26
                        Westpac does not expect house prices to drop until late 2022
                        28 June 2021

                        Oh, dear! Comrade commissar RobUsome will not be pleased.
                        Originally posted by STUFFed
                        Westpac economists do not expect house prices to start falling until late 2022. The bank’s chief economist, Michael Gordon,​ expected house price growth to “cool” significantly over the coming 12 months as a result of tax changes designed to make property investing less profitable.

                        But house prices would not start declining until after the Reserve Bank began lifting the Official Cash Rate (OCR), which it cut to stimulate the economy in the face of the Covid-19 pandemic. “Previously we expected OCR hikes to be delayed until early 2024,” Gordon said.
                        Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

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                        • #27
                          ASB warns rising home loan rates could 'suck $3 billion a year' from households
                          29 June 2021
                          Originally posted by STUFFed
                          ASB's economists say they are detecting increased concern from borrowers about the impact of rising home loan rates. An increase in home loan rates by a full percentage point would suck around $3 billion a year out of home loan-indebted households, with first-home buyers being hit hardest, said Mike Jones, senior economist at ASB. Some new homeowners could even find themselves facing spending more than half their incomes on home loan repayments, should home loan rates spike to 5 per cent.
                          Interesting to speculate on the variable consequences of that, isn't it?

                          From the perspective of both NZ citizen households and the NZ socio-commie gummint.
                          Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

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                          • #28
                            When bank's talk like this there anticipating profits in the hope of appeasing there shareholders or increasing there shareholder base .

                            No one seems to metion the fact that inflation is looking more and more transitory which is not good news for the bank's and we're most likely in a low interest rate environment permanently.

                            Comment


                            • #29
                              Originally posted by Jeffa View Post

                              When bank's talk like this there anticipating profits in the hope of appeasing there shareholders or increasing there shareholder base .

                              No one seems to metion the fact that inflation is looking more and more transitory which is not good news for the bank's and we're most likely in a low interest rate environment permanently.
                              "Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to some developed markets, heightening the chance many central banks will forgo interest rate hikes this year."

                              Asia like the virus /lockdown/ recovery gives us a heads up we're western economies are heading.

                              Comment


                              • #30
                                I'm expecting inflation data to peak next month at 2.5% next month for the 2nd quarter then steadily decrease to 2.3% in October for the 3rd quarter and dropping back to 2% for the first quarter of 2022

                                There will be no pressure on the RBNZ to raise interest rates if inflation stays within this range.

                                ANZ is screaming out for the OCR to be raised, there actually just looking after there shareholders profits.
                                Last edited by Jeffa; 01-07-2021, 01:45 AM. Reason: Forgot what year it is

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