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Type: Posts; User: LifeBroker

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  1. Replies
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    If money supply is drying up, I'd suspect price...

    If money supply is drying up, I'd suspect price drop on new and old builds

    but that would take another GFC - is it possible?
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    That's really interesting McDuck, the crisis of...

    That's really interesting McDuck, the crisis of money (creation) and wealth is real. Since Nixon debased the currency, and also since the worlds central banks introduced QE, I believe the problems...
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    Image appears to be from Eastern Europe. Looks...

    Image appears to be from Eastern Europe. Looks like the classic communist era blocks.

    Comparing population, there are more people homeless in NZ, than in Romania for instance....
  4. totally agree @donna - it will be very...

    totally agree @donna - it will be very interesting to see if Mr. Luxon will join politics and National. Surely that will challenge the status quo in National and Labour.
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    Any sources?

    Any sources?
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    Average household income will not increase...

    Average household income will not increase hugely. With immigration/supply being constant or increasing, pay will stay the same.
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    Sticky: All I'm arguing for is there must be a better way...

    All I'm arguing for is there must be a better way to run NZ than the extremes.

    Homelessness, poverty and on the other hand ghost homes, which then leads the government to use our tax dollars to...
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    Sticky: From NZ Herald: Last July(2017) Auckland Council...

    From NZ Herald:
    Last July(2017) Auckland Council put the city's homeless number at 23,409 - 3000 more than four years ago.
    The number includes those sleeping rough or in cars, in emergency housing,...
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    In 2008, this happened in NZ because of Lehman's...

    In 2008, this happened in NZ because of Lehman's going bankrupt. Ie an external factor.

    Could it happen again? We are seeing massive issues playing on the world stage between China and USA. USA is...
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    Sticky: The private initiative is always better than the...

    The private initiative is always better than the alternative which is the government. However, surely there is a middle ground between the ultra capitalistic right National Party and ultra left...
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    Would be interesting to see if there is any...

    Would be interesting to see if there is any comparison between wage growth since 2007 and house prices.
  12. We, the people, have given federal banks and...

    We, the people, have given federal banks and international banks the privilege of trust and to print money out of thin air.

    The banks earn $ because we trust them to print this money out of thin...
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    Sticky: the difference now vs 2016 is we have a trade war...

    the difference now vs 2016 is we have a trade war and housing is cooling worldwide.

    A quick google search across world markets shows the housing market is slowing down - across the globe.

    ( I...
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    Sticky: Has the housing market peaked? No doubt NZ is...

    Has the housing market peaked?

    No doubt NZ is struggling. And from around the world, dark cloud have started appearing.

    All because of borrowed money. ALL the west is living on a massive sugar...
  15. Great Video Nick, thank you.

    Great Video Nick, thank you.
  16. I agree with Winz, at the end of the day,...

    I agree with Winz,

    at the end of the day, economists don't know a thing but speculate.
    my speculation can be just as good because I too have access to the internet.
  17. now the dollar is devaluated vs import...

    now the dollar is devaluated vs import currencies, building supplies will only get more expensive
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