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27-01-2022, 09:00 PM
#4841
Originally Posted by Panda-NZ-
Important to also mention the clear improvement in NZ's credit rating in recent times.
Yup - same rating agencies which rated CDOs & Lehman Bros AAA.
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27-01-2022, 09:05 PM
#4842
Originally Posted by nztx
Wait until the next period's result flowing through - Northern Sector locked down $10 Bil cost to economy,
Omicron flowing - suppressed activity - could it be a trigger to a recession ?
Think about it recent history is one thing - ahead of the storm in future months
The financial markets aren't stupid & forsee these things long before the twits and bureaucrats
in Wellington mouthing off on past history
I am actually looking forward to the election next year as I suspect the economy will be in a bad state by then.
It should be the nail in the coffin for Labour.
And you cindy fans here needn't bother suggesting there is no credible opposition.
We will be in such do do come next year a team of budgies could outshine this lot
Last edited by ynot; 27-01-2022 at 09:15 PM.
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27-01-2022, 09:23 PM
#4843
Originally Posted by ynot
I suspect the economy will be in a bad state by then.
This forum said property prices would collapse due to corona. So not a good place for predictions.
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27-01-2022, 09:51 PM
#4844
Originally Posted by Panda-NZ-
This forum said property prices would collapse due to corona. So not a good place for predictions.
Well I am predicting it. When the state of the economy is added to Labours track record they will not have a chance, against any opposition.
You should try cleaning those blinkers of yours Panda, Labour is loosing popularity whether you believe it or not.
Last edited by ynot; 27-01-2022 at 09:55 PM.
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27-01-2022, 09:54 PM
#4845
Originally Posted by Panda-NZ-
I look forward to your support for a 5% increase in superannuation, benefits and hopefully more in the minimum wage
Are those 3 things a positive or a negative? Not one of them adds to productivity. And if super goes up 5% (less than 4% when taxed) and inflation is >6%, all superannuatants are winners?
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27-01-2022, 10:02 PM
#4846
Panda, your posts #4831, #4836 and #4840 could only have been dreamt up by a CTU economist. Time to come out of the closet.
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27-01-2022, 10:10 PM
#4847
Would you like people's living standards to decline by -5%?
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27-01-2022, 10:18 PM
#4848
Originally Posted by Bill Smith
Panda, your posts #4831, #4836 and #4840 could only have been dreamt up by a CTU economist. Time to come out of the closet.
No need for him to fess up. We all know who pulls his strings.
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27-01-2022, 10:20 PM
#4849
It's what national would have done since super/benefits are increased by CPI automatically.
They probably wouldn't have moved the minimum wage though.
Businesses are doing it tough after all lol.
Last edited by Panda-NZ-; 28-01-2022 at 12:54 AM.
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27-01-2022, 10:27 PM
#4850
Even the US has lifted social security by 6% this year.
https://www.ssa.gov/cola/
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