Luxon has put all our eggs in one overseas speculative basket

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Prime Minister Chris Luxon

Let me see if I can get this completely straight.

The economic ‘plan’ is to sell citizenship too multimillionaires in a desperate attempt to re-inflate a speculative property bubble WHILE changing the law to allow domestic speculation WHILE attempting to influence the Reserve Bank WHILE lowering the capital requirements for Banks.

Sooooooo.

What happens if this magical vision doesn’t happen?

What is the Plan B?

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This Government pitched the economy into a doom loop with 70 000 leaving, crushing 30 000 jobs and losing 18 000 in the construction industry and the best they have to show us is a plan to allow multimillionaires buy citizenship and reignite the property bubble?

That”s it?

Nicola Willis took our economy to market and sold it for 3 magic beans.

You’ve been had NZ.

 

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6 COMMENTS

  1. Luxon is a nobody, a Jimmy Carter.
    To see who really gave away the golden egg and to whom, take note of the two reptilian ex prime ministers bending the knee in China with likes of Putin and north Korea’s despot.

  2. No Martyn Luxon has done this because it won’t really have much impact at all. That’s what he and vote slut Peters have assured us. It’s such a tiny percentage of housing stock, or property zoned for housing perhaps? Which brings us back to why do it then.

  3. I’ve got some eggs past their use by date. Can anyone give me real practical advice about real things. I don’t want none of them bad eggs. The gummint believes in myths about money and finance, basically like Regency gamblers; but real eggs are a matter of some importance – is the only way to test them for goodness, to see if they float in water? Can we catch something that will bring us out in spots if I am careless? Now eggs, they are real stuff.

  4. What I say to you is this “you can’t make an omelette without cracking some eggs”
    Another dreadful self aggrandising political fool, scrambled, fried, boiled or poached eggs anyone?

  5. I note that dairy prices are falling in the latest export auction because there is starting to be an oversupply on the world market .So what will be the plan then when once again dairy is selling below cost .The $2 a share sugar hit wont last long when they are still paying off that new ute and tractor they bought to dodge tax at the request of Luxon .

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