Not sure what Bill English meant in the herald this morning.
"Former Prime Minister Sir Bill English appeared to deliver a warning to financial markets: if the stockmarket doesn't fall further the public will realise something is amiss and wealth or capital gains taxes could follow."
Something amiss? central bank financialization propping up financial markets and house prices? Who could possibly be against that.
This guy maybe.
https://www.zerohedge.com/markets/wa...ausage-factory
or this guy might be onto something. If you can keep the businesses but get rid of reckless overpaid management and shareholders, it might be a positive thing longer term.
https://www.zerohedge.com/markets/le...ail-out-people