RNZ sings, ‘always look on the bright side of life’ while Economic red flags signal Global market crash

By
Martyn Bradbury
-
12
829

While RNZ sings, ‘Always look on the bright side of life’ for their middle class audience…

Five reasons to feel positive about the New Zealand economy

It’s been a year of grim economic news – unemployment has been up, [It’s been a year of grim economic news – unemployment has been up, GDP down and consumer confidence weak GDP downand consumer confidence weak.

But nothing lasts forever and economists say there are a number of reasons to feel positive about the economic outlook right now.

…Economic red flags signal Global market crash…

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Possibility of โ€˜sharp market correction has increasedโ€™, says Bankโ€™s financial policy committee

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Jamie Dimon, chair of JPMorgan Chase, said he was โ€˜far more worried than othersโ€™ about serious market correction

…AI hysteria is propping the entire market up with a bubble that if it pops will cause an enormous global crash.

With Trump’s ongoing tariff threats, ongoing climate change destruction, insurance premiums soaring because of that climate change destruction and geopolitical tensions rising, anything could trip that pop.

 

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12 COMMENTS

  2. Labour is probably responsible for the AI bubble somehow.

    Listening to the drivel that comes out of the mouths of Luxon and Willis is nauseating. Willis is now saying things arenโ€™t that bad and not much worse than two years ago! Two years ago she was saying it was a disaster. How can anyone give her an ounce of credibility? Theyโ€™re are an embarrassment.

  3. And stuff prints the same bull shit daily as well .Clearly they donated to the two idiots last election and now Malpass has to justify his wasted donations .
    I notice the last reveiw this week excludes AAC loss to make the books look better .

  4. The people interviewed in that story are all “Glass half a percent full” people. Astounding levels of unwarranted optimism ignoring the damage that is continuingly and unnecessarily being felt by large swathes of the population. 0.02% increase means it’s going to get better for everyone one day? Fuck right off!

  5. The Government of New Zealand has made a new tourism ad and it’s surprsingly honest and informative! …………….

    ….. the epic trilogy, The LandLord of the Rings in which a bunch of rich wankers form a government to steal from kiwis and give themselves tax-breaks on their investment properties ….. Starring Christopher Gollum ,,, Saruman Peters and his dipshit sidekick,,,,
    And the Eye of Seymour.

    Directed by the Atlas Network https://youtu.be/h-yjkAXxnMA

  6. While 1 million workers are either unemployed or underemployed the NZ economy will never improve ,no matter how low interest rates go .When 30% of the work force is not earning enough to survive to think we will have never ending growth is a pipe dream .The fact that for years the governments have propped up working people with subsidies instead of using that money to provide health ,housing and education would tell a stupid person we have been down the wrong path for decades .

  8. I see that RNZ is changing a face in the morning team but it won’t make much difference with the propaganda articles like this one which is not of any worth. At least there are TDB and other media players that allow freedom of expression about current events, unlike RNZ, which gets snotty if you send them information that doesn’t agree with what they publish.

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