The issue isn't about the economy as it is about culture, environment, protest being thrust down your throat at every turn. If you could get more money and less wokism in Aussie then why come back. The economy will never be so good that wages are on par with australia.
I remember Muldoon too as the only politician to ever want NZ to be self sufficient ever and the bank worshipers can, in our free speech world, think what they like. We had a military then too, even an airforce.
@@jonlnz52you do know labour ran inflation up to 7.2% 2022 then 4.3% 2023 the reserve bank are mandated by the Govt to run inflation below 3% thats why we are in this bloody mess.
Wealth is created in the natural world through human effort. Food, clothing, shelter, fuel for the car, the car, laptops everything. If you want to drink milk, someone has to milk a cow. Western countries exported most productive industries to cheaper labour nations. Especially since the 1980's. So instead 'wealth' was created by inflating property values. Now to balance trade with the humans who made the effort to produce all the things we import, including garlic, we have to sell the land to overseas productive people. Or as Mike Hosking would call it 'foreign investment'. The whole of the Western world Is selling land/houses and citizenship as a way to pay for imports from other people who did the work. Caucasians want to make money non productively investing in property, shares, silver and gold, crypto currencies. What has Mike Hosking ever produced of value?
@@canecorso8251 It isn't something we can export to balance trade with imports. If a nation only builds houses they can only sell the land to overseas people for trade. The foundation of a first world economy is exports. Which is why many Western nations are no longer 'first world' and increasingly foreign owned.
I’m still seeing extraordinary fiscal waste at a time when pennies matter. We can’t afford cancer drugs but spend a small fortune on virtue signals to Maori. The methodology of how governments spend money needs to be rebuilt. No more handouts to ungrateful recipients would be a good start..
we have a broken economic model, once into demographic decline, the debt based economy simply does not work, our overheads for retirement and other social policies are unsustainable, and america, who has lent us the money for our entire social welfare system every year for nearly fifty, has lost the petro-dollar so can no longer sponsor our not wanting to work or unable to work. Your presumption is just that, based on nothing but your lack of looking at the facts of where we are. Things are going to change and I do not mean a doubling of house prices . . .
I was agreeing with you up until you said Bitcoin. Yes, the monetary system is the core problem. But Bitcoin is also flawed. Gold and Silver would work better, while at the same time having a digital component. But the physical component is and will continue to be important. When the s hit hits the fan, some type of physical money will be incredibly important.
The dream to get more output for less cost is very very unlikley to be revisited again, Because "A " - its unpopular and "B "people have to "give up stuff" for it to happen. Best of luck to whoever is in charge in achieving that
With all due respect Mike , ur right, ur right but your wrong We have been in difficult spots before, and come right It has always been greener the other side of the ditch But Never before has there been so much separatism And the cost of that separatism has the chance of a recovery hog tied The more skilled people leave the harder to increase GDP per capiter the more people will leave
Douglas put the Country into the worst Depression since The Great Depression of 1930’s 25% plus interest rates on mortgages; You’d be too young to remember Mr Hoskins; 👎👎👎
Rogernomics was undemocratic. But it was highly effective. Classical Liberal policies work quite well. But they aren’t popular to the working class. Most people want free stuff.
Repeating disinformation doesn't make it fact Mike. AA credit rating relatively low levels of borrowing and low unemployment are all at risk from this Governments poorly timed tax cuts paid for by reckless borrowing that increases the deficit all while cutting services and benefits.
The tax cuts are aimed at allowing kiwis, many of us fiscally responsible, to spend the money as we see fit and circulate it through local economies. Past govt, with THEIR reckless borrowing and spending were just that with it, reckless.
The issue isn't about the economy as it is about culture, environment, protest being thrust down your throat at every turn. If you could get more money and less wokism in Aussie then why come back. The economy will never be so good that wages are on par with australia.
I remember Muldoon too as the only politician to ever want NZ to be self sufficient ever and the bank worshipers can, in our free speech world, think what they like. We had a military then too, even an airforce.
Labour cocked it up.No surprises.
@@ShirleyZhang-bt4dj not Labour, we were doing well until this coalition of clowns took over
@@ShirleyZhang-bt4djNailed it 👍 By Hell; Typical Labour 👎
@@jonlnz52you do know labour ran inflation up to 7.2% 2022 then 4.3% 2023 the reserve bank are mandated by the Govt to run inflation below 3% thats why we are in this bloody mess.
@@jonlnz52 I feel you want the free money machine, created by Labour to keep rolling on.Thats unsustainable believe it or not.
Mike, have a look at the housing affordability ratio in NZ over the years. Especially the last 30. That should give you some historical perspective.
We are not the only basketcase in town that is true but this is the only one that worries us and it will not come back
Wealth is created in the natural world through human effort. Food, clothing, shelter, fuel for the car, the car, laptops everything.
If you want to drink milk, someone has to milk a cow.
Western countries exported most productive industries to cheaper labour nations. Especially since the 1980's.
So instead 'wealth' was created by inflating property values. Now to balance trade with the humans who made the effort to produce all the things we import, including garlic, we have to sell the land to overseas productive people. Or as Mike Hosking would call it 'foreign investment'.
The whole of the Western world Is selling land/houses and citizenship as a way to pay for imports from other people who did the work. Caucasians want to make money non productively investing in property, shares, silver and gold, crypto currencies.
What has Mike Hosking ever produced of value?
caucasions?😂
Verbal Diarrhoea
@@davidthomson692 Social engineering for five year olds.
How is investing in property non productive? A thriving construction industry is the backbone of a first world economy.
@@canecorso8251 It isn't something we can export to balance trade with imports. If a nation only builds houses they can only sell the land to overseas people for trade. The foundation of a first world economy is exports. Which is why many Western nations are no longer 'first world' and increasingly foreign owned.
I’m still seeing extraordinary fiscal waste at a time when pennies matter. We can’t afford cancer drugs but spend a small fortune on virtue signals to Maori. The methodology of how governments spend money needs to be rebuilt. No more handouts to ungrateful recipients would be a good start..
Correct. We'll said.
Agree totally. Millions wasted on benfitting a few leaders so they can buy fancy cars and get free lunches around the country
I’m doing great being frugal minimal not consuming saved a lot more and can work less
we have a broken economic model, once into demographic decline, the debt based economy simply does not work, our overheads for retirement and other social policies are unsustainable, and america, who has lent us the money for our entire social welfare system every year for nearly fifty, has lost the petro-dollar so can no longer sponsor our not wanting to work or unable to work. Your presumption is just that, based on nothing but your lack of looking at the facts of where we are. Things are going to change and I do not mean a doubling of house prices . . .
Don't forget, China has 'lent' a lot of money to NZ as well.
We should have saved our pennies.
our monetary system is broken, it has passed its use by date, we have no value left in our currency. So how do we fix it? Bitcoin.
I was agreeing with you up until you said Bitcoin. Yes, the monetary system is the core problem. But Bitcoin is also flawed. Gold and Silver would work better, while at the same time having a digital component. But the physical component is and will continue to be important. When the s hit hits the fan, some type of physical money will be incredibly important.
Need white only or at least monocultutal policies. We can have multi ethnic but not multicultural. A house divided must fall.
Yep, and the naysayers will be naysayers until they die, such is their self inflicted lot in life..........lol. Cheers Mike.
Mike the expert on the economy?
You don’t even know about hairstyles😂
Im sure his back pockets got more money in it then your bank account😂
@@zaksol7022 I doubt he could fit a million dollars in his back pocket buddy - why do people like you think that money gives credibility?
Dont be jealous because hes got more money then you 😂
@@badchefilol still sulking your salty labour party got smoked😂😂😂
@@zaksol7022 I didn’t vote for Labour - I guess you got the government you deserve Zak.
Oh thanks mike we all feel better you opened your mouth and dribbled nothing
The dream to get more output for less cost is very very unlikley to be revisited again, Because "A " - its unpopular and "B "people have to "give up stuff" for it to happen. Best of luck to whoever is in charge in achieving that
Staring Sandra Bullock and Keanu Reeves ... #Speed26
New Zealands very own Tucker Carlson
With all due respect Mike , ur right, ur right but your wrong
We have been in difficult spots before, and come right
It has always been greener the other side of the ditch
But
Never before has there been so much separatism
And the cost of that separatism has the chance of a recovery hog tied
The more skilled people leave the harder to increase GDP per capiter the more people will leave
The Hosk always makes me feel better
Douglas put the Country into the worst Depression since The Great Depression of 1930’s 25% plus interest rates on mortgages; You’d be too young to remember Mr Hoskins; 👎👎👎
Rogernomics was undemocratic. But it was highly effective. Classical Liberal policies work quite well. But they aren’t popular to the working class. Most people want free stuff.
Repeating disinformation doesn't make it fact Mike. AA credit rating relatively low levels of borrowing and low unemployment are all at risk from this Governments poorly timed tax cuts paid for by reckless borrowing that increases the deficit all while cutting services and benefits.
The tax cuts are aimed at allowing kiwis, many of us fiscally responsible, to spend the money as we see fit and circulate it through local economies. Past govt, with THEIR reckless borrowing and spending were just that with it, reckless.
Video by New Zealand climate tech investor Daniel Batten, How Bitcoin goes carbon negative by 2028😀
We're cooked
❤. India is good, very good. Unlike Mike.
India third world sewer. Mike brings more to NZ than any 3rd worlder ever could. Mike's good.
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All started 9 years keys goverment 70billion , thousands state houses sold absolute shocker
Dream on at least key didnt run inflation at 7.2% like adern thats why we are in this mess