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25-02-2021, 03:53 AM
#641
Last edited by Panda-NZ-; 25-02-2021 at 04:14 AM.
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25-02-2021, 03:57 AM
#642
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25-02-2021, 08:26 AM
#643
 Originally Posted by Panda-NZ-
Yes it's great. Government Bond issuance only 445B this year and then outstanding GB rising from $128B to 200B in the next 4 years. And no plan to reduce deficits
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25-02-2021, 11:17 AM
#644
Originally Posted by Balance
Oh dear! How is Cindy going to explain this one of her Coalition partner?
Oh dear ! Why should she?
westerly
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25-02-2021, 11:22 AM
#645
Originally Posted by westerly
Robertson was right. Your comments are just more of the interpretations of a naive conspiracy theorist.
westerly
Again, just for you westerly, quoting someone is not a conspiracy.
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25-02-2021, 11:58 AM
#646
More details on NZ's credit rating upgrade:
" The changes make New Zealand the first developed country with investment-grade debt to receive an upgrade since COVID-19 hit.
New Zealand is recovering quicker from COVID-19 than most advanced economies, as it’s contained the spread of the virus.
“We now believe that the government’s credit metrics can withstand potential damage from negative shocks to the economy, including a possible weakening of the real estate market.” S&P said.
The upgrades signal buying bonds issued by the New Zealand Government and associated entities is a relatively safe investment.
This means New Zealand can technically lower the cost of issuing this debt.
S&P credited the New Zealand Government for having low debt by global standards.
https://www.interest.co.nz/news/1091...try-investment
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25-02-2021, 04:16 PM
#647
Fran OSullivan headline in the NZ Herald today. Never seen Fran gushing before
"Robertsons $50 Billion bet paid off to an AAA-Astounding degree."
"Borrowing to buffer Covid hit has won ultimate salute withS&P rating boost......." "They are the best ratings NZ has achieved in a decade " " The crowning glory which belongs to Robertson" is the ratings upgrade etcetc
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25-02-2021, 05:32 PM
#648
Originally Posted by Joshuatree
Fran OSullivan headline in the NZ Herald today. Never seen Fran gushing before
"Robertsons $50 Billion bet paid off to an AAA-Astounding degree."
"Borrowing to buffer Covid hit has won ultimate salute withS&P rating boost......." "They are the best ratings NZ has achieved in a decade " " The crowning glory which belongs to Robertson" is the ratings upgrade etcetc
Does Fran deal in sarcasm?
Just goes to show what bs the credit ratings system is. S&P still have egg on their faces from the GFC.
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25-02-2021, 07:13 PM
#649
Originally Posted by jonu
Again, just for you westerly, quoting someone is not a conspiracy.
The quote comes from an article written by an MP from Denmark https://www.weforum.org/agenda/2016/...d-change-2030/
Robertson was correct. Conspiracy theories have multiplied following it's publication.
westerly
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25-02-2021, 07:23 PM
#650
Originally Posted by westerly
The MP may have been the inspiration. It was later picked up by the Forum Chair from Austria and the quote I made was from a promo video they released and later took down after negative feedback.
The WEF still continues to peddle what they call "The Great Reset".
It isn't a conspiracy to ask....If you will own nothing, who will?
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