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  1. #2391
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    Quote Originally Posted by Bjauck View Post
    Just to be clear, I do not agree that I have had a muddled view with respect to capitalism or socialism on the political spectrum. The support of private ownership, as opposed to state ownership, of business and trade is one clear indicator of being right wing, certainly with respect to economic policy.

    One can be “right wing” with respect to business control and economic policy, whilst being “left wing” with respect to social policy. Some Liberal Parties can have policies that reflect that. Muldoon was perhaps an example of a “right wing” socially conservative politician who supported “left wing” state involvement in the economy.
    The response to corona is an interesting case.
    Some have called for business subsidies (right wing mainly)
    Others for consumer subsidies.

    What is that considered to be? In the first case businesses are paid to produce nothing, rather than have it based on consumer demands.
    Last edited by Panda-NZ-; 03-10-2021 at 05:09 PM.

  2. #2392
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    Quote Originally Posted by Panda-NZ- View Post
    The response to corona is an interesting case.
    Some have called for business subsidies (right wing mainly)
    Others for consumer subsidies.

    What is that? In the first case businesses are paid to produce nothing, rather than have it based on consumer demands.
    In the second case you could just as easily claim that consumers are paid to buy things they don't need, which come to think of it, is far more likely.

  3. #2393
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    Quote Originally Posted by fungus pudding View Post
    In the second case you could just as easily claim that consumers are paid to buy things they don't need, which come to think of it, is far more likely.
    Or buy things that they needed but maybe weren't sure they could afford.

  4. #2394
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    Quote Originally Posted by Panda-NZ- View Post
    The response to corona is an interesting case.
    Some have called for business subsidies (right wing mainly)
    Others for consumer subsidies.

    What is that considered to be? In the first case businesses are paid to produce nothing, rather than have it based on consumer demands.
    Similar to the old top rate income tax cuts (& trickle down theory) or minimum wage increase / welfare benefit payment boost (& trickle up?) dichotomy.
    Last edited by Bjauck; 04-10-2021 at 08:44 AM.

  5. #2395
    Guru Crypto Crude's Avatar
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    Quote Originally Posted by TeslaGod View Post
    2 man team to grow >$10 million dollar company.. you must have did a lot of over time, or sold some dam expensive tourism gift cards and tikis.

    I earned my 8 figure net worth with the help of our Central Bank and the middle class voter's..all 60% of them!

    Any who , I've already stated my end goal in the " how much is enough thread" and for some reason I upset a lot of people..hmmm me thinks I need to work on my communication a bit better.

    I'm always trying to be a better version of myself.. Cheerio my fellow capitalists!
    You are less than $99million ...
    That's no that much for the level of your self endowment

  6. #2396
    Senior Member TeslaGod's Avatar
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    Quote Originally Posted by Crypto Crude View Post
    You are less than $99million ...
    That's no that much for the level of your self endowment
    I own residential real estate across all the main centre's in New Zealand

    If you ever need a place to rent contact me I accept BTC.

    In fact I'll do something I never do, I'll personally do my 3 month inspection on you..to see if you made your bed and mowed my lawns.
    Last edited by TeslaGod; 05-10-2021 at 10:14 AM.

  7. #2397
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    I'm keen to see the outcome of the new gov't scheme:

    https://www.stuff.co.nz/business/126...save-a-deposit

    "Under the First Home Partner scheme, Kāinga Ora would take an ownership share of the home it helped families buy.


    Over time new households would buy those shares back to become homeowners.

    Applicants would need to have a minimum five per cent​ deposit, and the maximum contribution Kāinga Ora would make to the home purchase would be 25​ per cent of the purchase price or $200,000,​ whichever was lower."

    This is similar to Canada's 'First Time Home Buyer Incentive" program.

    As for TeslaGod's achievement, you've earned your 90% of your wealth at the cost of society. Hardly comparable to the hustle and bustle of venturing all over NZ for the past 20+ years in our business.

    In Canada there's an accepted saying for those in TeslaGod's camp. They call them 'slumlords'.

  8. #2398
    Senior Member TeslaGod's Avatar
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    I believe slumlord is a common saying in New Zealand used by the ignorant.

    The schemes you have just mentioned in the above posts have been around forever.

    The problem is who is willing to lend debt on these individuals.

    Many can't pay there phone bills let alone a mortgage, rates, insurance, maintenance and be committed to it for the next 20 years.

    The ones that do are already buying there first home as first home buyers make up the largest buyers in the market today.

  9. #2399
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    Quote Originally Posted by TeslaGod View Post


    The ones that do are already buying there first home as first home buyers make up the largest buyers in the market today.
    Maybe you mean owner-occupiers including those shifting into their second or subsequent homes? First home buyers are about 22% of the market. Maybe even less as prices went higher over Winter….

    https://www.stuff.co.nz/life-style/h...est-since-2018

    https://www.stuff.co.nz/life-style/h...ad-over-winter
    Last edited by Bjauck; 05-10-2021 at 12:48 PM.

  10. #2400
    Senior Member TeslaGod's Avatar
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    NZPulse1_1.jpg
    I prefer doing my own research than what the left wing drivel the Dom Post releases.


    Quote Originally Posted by Bjauck View Post
    Maybe you mean owner-occupiers including those shifting into their second or subsequent homes? First home buyers are about 22% of the market. Maybe even less as prices went higher over Winter….

    https://www.stuff.co.nz/life-style/h...est-since-2018

    https://www.stuff.co.nz/life-style/h...ad-over-winter

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