Solving low wage economy crisis the bosses created means not going backwards
Prior to Covid 19, the New Zealand Labour Market was massively dependent on people working here on temporary visas. The…
Author: Mike Treen
-
-
Is there a route out of the crisis we are facing?
As I explained last week government policies that include the central banks directly printing money and the government running budget deficits…
-
The inflation blame game conceals a capitalist crisis
Inflation is back worldwide and with it is the blame game. So what is the truth behind the claims and…
-
TDB Late Stage Capitalism Report: Bank of England expect stagflationary crash in late 2022
The Bank of England expects the UK economy to tank after inflation peaks at 13% in the fourth quarter this…
-
SkyCity proposes pay cut on 25th anniversary – strike action likely
SkyCity is offering the majority of staff a wage increase of between 4 and 6 percent. “This is an effective…
-
SkyCity sharebuyback in 2019 enriched shareholders and weakened company before Covid hit
A share buyback scheme at SkyCity casino was reported on Newsroom on February 13, 2019. Share buybacks have been used…
-
TDB Late Stage Capitalism Report: The US recession has started – a cascading third world debt crises will follow
Bloomberg reports that the US recession has started. Dubbed a “technical frecession|” because it meets the usual definition of economic…
-
A warning from Bloomberg to Aotearoa: ” Hottest Property Market Cools – NZ Canary in Coal Mine”
The world’s frothiest housing market is getting a reality check — and it may be a harbinger for the rest…
-
TDB Late Stage Capitalism Report: The world is erupting against capitalist austerity
Just looking back at the past week or so. Britain faces a summer of strikes as historic inflation and falling…
-
Another warning from the Financial Times
The Financial Times is one those papers that speaks the plain truth to the bosses. This is from their July…