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03-10-2021, 06:01 PM
#2391
Originally Posted by Bjauck
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 06:09 PM.
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03-10-2021, 06:07 PM
#2392
Originally Posted by Panda-NZ-
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.
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04-10-2021, 08:12 AM
#2393
Originally Posted by fungus pudding
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.
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04-10-2021, 09:40 AM
#2394
Originally Posted by Panda-NZ-
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 09:44 AM.
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04-10-2021, 10:02 PM
#2395
Originally Posted by TeslaGod
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
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05-10-2021, 11:13 AM
#2396
Originally Posted by Crypto Crude
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 11:14 AM.
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05-10-2021, 11:38 AM
#2397
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'.
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05-10-2021, 11:57 AM
#2398
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.
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05-10-2021, 01:46 PM
#2399
Originally Posted by TeslaGod
…
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 01:48 PM.
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05-10-2021, 02:12 PM
#2400
NZPulse1_1.jpg
I prefer doing my own research than what the left wing drivel the Dom Post releases.
Originally Posted by Bjauck
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