I suspect most of us are right p*****d-off with NZ's brain-dead, Socialist-Cindy-struck media.
But some days, the gall is just too much.
Have you seen this quaint reference to (so-called) helicopter money? No surprise that even Shammy and other econ-o-mists are in on the charade.
Nowhere, but nowhere have I seen the faintest vestige of critical appraisal of this new "helicopter money" wonder-euphemism. Certainly not from NZ's nouveau moronic donor-media. ("Helicopter money" is a new expression so we must 'take it on board and run with it in this window of opportunity . . . and seize upon and appreciate it?')
"Helicopter money" is (vaguely / speculatively) proposed to be some sort of $1500 cash hand-out to NZ citizens from the current socio-commie gummint.
Hello, hello, is there anybody there?
If it happens, the stark reality is that the gummint must borrow the (proposed) $1500 per-person largesse.
And the plebeians who receive this hand out will have to pay it back in taxes. I.e. They, their children and their children's' children. Maybe even more generations than that?
Meantime, the tens of billions borrowed and already handed out has no product and services backing, because most people were couch-potato web-surfing, at home.
Hell only knows what that's going to do to the purchasing power of the NZ dollar as a consequence.
Wonder if we will see a bank haircut, [OBR] in the not-too-distant future?
Meanwhile, this in from Wesux: (contains satire)
No shame. None at all.
But some days, the gall is just too much.
Have you seen this quaint reference to (so-called) helicopter money? No surprise that even Shammy and other econ-o-mists are in on the charade.
Nowhere, but nowhere have I seen the faintest vestige of critical appraisal of this new "helicopter money" wonder-euphemism. Certainly not from NZ's nouveau moronic donor-media. ("Helicopter money" is a new expression so we must 'take it on board and run with it in this window of opportunity . . . and seize upon and appreciate it?')
"Helicopter money" is (vaguely / speculatively) proposed to be some sort of $1500 cash hand-out to NZ citizens from the current socio-commie gummint.
Hello, hello, is there anybody there?
If it happens, the stark reality is that the gummint must borrow the (proposed) $1500 per-person largesse.
And the plebeians who receive this hand out will have to pay it back in taxes. I.e. They, their children and their children's' children. Maybe even more generations than that?
Meantime, the tens of billions borrowed and already handed out has no product and services backing, because most people were couch-potato web-surfing, at home.
Hell only knows what that's going to do to the purchasing power of the NZ dollar as a consequence.
Wonder if we will see a bank haircut, [OBR] in the not-too-distant future?
Meanwhile, this in from Wesux: (contains satire)
Originally posted by David McLean, Wesux CEO
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