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  1. Over the next year the 3 legged stool will get more unsteady as the Greens realise they have sold their soul and NZ First voters will turn their back on a party that is allowing drugs to flow freely. The gloss will start to fade on Jacinda’s star as the economy worsens and those who thought they were in for a pay rise get promises but no action as they play for time.

    1. Look at ththe damage John Key did in only 8 years. That kind of damage takes much longer to fix, to the extent that it can be fixed. Took us 20 years to payback Muldoons measly one billion dollars. Take us a heck of a lot longer to pay back 60 billion. That’s the period of underfunding that proceeds privatisation, once sold it remains private.

      Which we all suddenly cared about in January 2008, after years of not caring about it. Before that, under Clark, the deficit was approaching zero.

      Clearly there was some mysterious event which transpired between Clark and Key. We may never know what.

        1. Yeah, well, there’s the additional impact of the Chinese U.S trade war on us that echoes the Australian banks thought. The big four Aussie/NZ banks have been a disaster, one of the main issues of this mini down turn is the performance of the construction industry to meet ridiculously high prices. With China we really need to things to happen, some acknowledgment from the reserve bank that rates dont reflective new concerns over global growth and what the impact would be on NZ growth, stocks and business. And another thing we need from the reserve bank is some peace from this trade war. So, G20, Xi Jing Pings team sits down with Trumps team and het presto, there’s a 90 day truce. So the market came in bullish on this news in December 1st or what ever, so the market came in bullish on Monday on news there was a truce then on Tuesday all the gains got wiped out because trump had been tweeting the night before. So we need more constructive support/language around the U.S and China deals, and our deals with China and New Zealand.

          So we need to support China because there economy is slowing. The Chinese has a one party communist system so they’re dependant on the capitalist system for investing confidence and business activity to work. That’s the contract they have with a very large population. So I’d put a perspective on that with all Chinese, U.S and NZ leaders need some sort of deal. Whether it’s a comprehensive deal with Australia I think each side should be looking for away out of hard confrontations.

      1. Get it right the deficit when piggy left was 750 million..with a number of think bigs about to make profits till douglas flogged them off for a pittance not because he was stupid but because he was NZs laziest ever finance minister working towards a ministry that had nothing to do except for him to speak at gatherings that paid him in free meals and booze

        1. Which childrens book did you get that figure from? I understand the obsession to defend the indefensible in NZ.. Every generation has a large proportion of the colonials descendants utterly devoted to glorifying Britains rape and pillage of yet another sovereign state for profit…
          I would counsel a few minutes spent doing some quick, and basic research would help you to avoid sounding like a tory drone with a bad case of cognitive dissonance….

          Btw, even Stuff.co have realised that they lose credibility by publishing easily debunked propaganda.. They try to be subtle about it at least…

    2. Speaking of promises…”I will NOT raise GST” John Key.

      Look, the reality is that most were fucked over by National,Act, United Future and the Maori party. The reality is that it cost United Future and the Maori Party their political lives and ACT is only there because, well everyone knows why. So now there is only National and no other party, they are no longer relevant with their outdated far right wing policies. The trickle down effect has long been debunked and investing in business ONLY will not succeed.

      I have had my first pay rise since 2012, 9%, so don’t espouse such idiotic nonsense on this post. As for drugs running freely, what bullshit!

  2. Good on you for semi sticking your neck out for predictions! Everyone loves these sort of lists, but the world has become so unpredictable they are almost always wrong.
    I think a lot of it won’t be anywhere as bad, especially climate change and China relations, but like you I also feel the stock market is looking very precarious – and given exactly nothing was fixed by Obama in 2009 (in fact he allowed Bernanke and Yellon to double down on increasing systemic risk via their policies and personally championed the fiscally unsustainable “Obamacare”), the potential for a market meltdown worse than 2008 is imo definitely there.
    Also agree that the “plague of wokists” (a new term I just invented) that descends on anything and everything where identity politics and social justice can be inserted will continue unabated, but with increasing push back from normal people. The “Oppression Olympics”, where every marginalised group is convinced they are the most discriminated against, will continue to feed on each other while we look on and wonder what the fuck they’re on about. Support from regular people (i.e. those that have common sense) will continue to slide.
    Anyway, try and remember your list for the end of the year, so you can see how much of it came true.

  3. Happy new year Martyn et al.
    I’ve commented that I have no expectation about humans doing anything adequate to avert climate change, as in reduce carbon emissions, but over the holiday I’ve looked up some stuff on the background. Lots of incompatible assertions, but there are questions.
    I got curious about if the CO2 levels have been higher. Yes. a long time ago but life was abundant on earth. and much much higher; and the temperature was about the same as now.
    So has it been hotter than now? Yes considerably, and only 1300 years ago, and the CO2 levels were a bit under 3% like most of the last hundreds of thousands of years. And the climate has never been constant, except that it is always in a constant state of flux that it seems to be agreed has always up till now been precipitated by the earth’s orbit and isolations.
    So have high co2 levels caused global warming in the past? The level rises and falls with temperature but has always up till now lagged behind temperature on the way up and on the way down. The ocean captures more CO2 when it is cold and slowly releases it when it gets warmer.
    Though I have yet to find it discussed by sites concerned about CO2 emissions, Sceptics claim that the extreme temperature rise predictions do not depend on the effect of CO2 alone,but extrapolate that increased CO2 will result in much more water vapour being held in the atmosphere , which is a much more effective green house gas than CO2. But it stays in the atmosphere for much less time. This multiplier is debated.
    This would seem to be the first time warming has been caused by Co2 increase. Volcanism has been suggested as a cause of the world coming out of deep ice age colds, snowball earth, by producing masses of Co2, but there doesn’t seem to be any record from ice cores that show extreme co2 rises at times of super volcanic eruptions, not Taupo around 26000 years ago or even Toba 75000 years ago which was about 5 times the size.
    We are sending carbon into the atmosphere over a few hundred years that has been sequestered over millions so it seem logical that it could make a difference but it will be interesting if it starts to get cooler in spite of it in a few years in line with expectations from the multitude of other factors.
    D J S

    1. All those examples if prehistoric CO2 rises tiok place over millensia, David. The difference now is that the rise in CO2 and consequential rises in temperature, ice melts, and sea level rises, have occurred overr the last HALF CENTURY.

      even you have to admit that the increase in CO2/temperature can’t be a coincidence with the recent (geologically speaking) build up of human industrialisation and corporatised agri-businesses. Think, man, think!!

      1. Hi Mjolnir
        In my last sentence I “think” I made your point that the release by us of CO2 over a few hundred years, and mostly as you say in the past 50,that has been collected by the earth over many hundreds of thousands can hardly be expected to have no effect.
        I have just started to get curious about how much effect that should be expected to have , and what the history is . I am not a committed denier at all.
        But I looked into the question of the relationship with water vapour’s contribution a bit more, and it does seem that everyone agrees that WV contributes about 95% of greenhouse gas, and CO2 about4%. And it is indeed assumed that increased WV because of CO2’s small effect of warming, causing more evaporation, will multiply the warming effect of CO2 by about three times.
        I have a problem with this because if WV is such an effective GHG, and every increase in temperature increases the water evaporation , why is’t it feeding itself to runaway warming , with no contribution from CO2 at all?
        The answer must be that other factors take over to limit WV’s own effect on itself, like radiation from the earth’s surface increasing with temperature rise by a factor to the fourth power, and increased cloud cover reflecting more light, and whatever else comes into it to limit WV’s effect running away with itself. So it has to be an interruption to these limiting effects that would come into play to allow warming, not at the bottom end. You have to establish that whatever is stopping it getting hotter and hotter at 3PPM CO2 will no longer operate the same at 4PPM or5. Fair enough if it was the only GHG, but essentially as a tiny stimulus to WV’s effect I don’t see it.
        Cheers D J S … just thinking

      2. Almost certainly nonsense. Ancient temperature and CO2 data doesn’t have even close to the resolution of that collected over the last thousand years. You can’t remotely claim that rapid spikes have never occurred before now since no geological record (which have a low resolution of at best thousands of years) would be able to show it. Indeed it highly likely that far more rapid spikes of CO2 must have occurred during major volcanic eruptions (e.g. the Yellowstone caldera).

        1. “more rapid spikes of CO2 must have occurred during major volcanic eruptions (e.g. the Yellowstone caldera).”

          That’s right Nitrium. Rapid spikes lead to increaded CO2 and higher temperatures. Just like the CURRENT RAPID SPIKE IN CO2 AND TEMPERATURE CAUSED BY HUMAN ACTIVITY.

          You finally got it.

          1. There is no record of CO2 increase causing temperature rise in previous variations. CO2 increase has always lagged behind temperature rise until now as far as ancient events can be assessed.
            The theory is that as cold water holds more CO2 in solution, the colder it gets the less stays/escapes into the atmosphere. Then as it warms again that CO2 is released, amplifying the warming effect, but not in the past initiating it.
            I have a sense that the scientists will eventually come to the conclusion that deforestation is having a greater effect on warming than fossil fuel emissions.
            D J S

  4. martin north from Australian research company digital finance analytics is starting to cover the NZ property market /debt distress as well bloody interesting and very disturbing channel purely statistics/facts and scary its a must see there asking everyone to get the story out there main stream median aren’t reporting the really story
    https://www.youtube.com/channel/UCKWDscRjYFTD1KHsmow4-bQ/videos

  5. kiwi build will contract in European /American home builders with local partners to set up factory built homes with automation at its core we are 30 years behind and kiwi build will be catch up our current construction industry is a scam that needs to be side lined

  6. Speaking of Granny herald, they seem to have given up most NZ content already, and buy/steal/promote overseas stories and probably (paid) lobbyists as content.

    I can’t see anyone caring if they come or go apart from the media types who are their only readers and retired people who take up the free offers because who would paid for their papers these days?

    Probably Granny will try to get some corporate welfare though at some pretence their demise was not their own fault. Such as their ‘strategy’ of becoming a niche National party rag and mouth piece of paid lobbyists writing flawed business focused content while making redundant any journalists falling outside of far right ideology.

    They and the rest of the MSM deserve to go down in flames for their own stupidity likewise the Greedies at Sky TV who have been ripping off people for years and providing worse and worse content and higher pricing while promoting horrible tech and viewing experiences.

  7. On housing, it is not looking good. Will the thought of ‘collapse’ of the property Ponzi fuel more lobbyists to lobby for loosening immigration even more, just like the Natz after the GFC to make sure that they keep their new best friends and construction buddies in the clover under labour and over priced construction of house prices sky high?

    Just like the tax payers had to subsidise the rich but risky financial industry….https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12185226

    Can it finally come home to the politicians who are deeply out of touch that many Kiwi citizens don’t wan’t to or can’t afford to live in a one bedroom $500,000 ‘affordable’ apartment, that the woke lefties seem to be dreaming of? https://www.oneroof.co.nz/news/five-kiwibuild-homes-fail-to-sell-through-the-ballot-35722

    (A one bedroom that the mortgage will cost approx $677 p/w) the Kiwibuild house in Onehunga will take a 45 minute journey on public transport into the city (1.5 hours commute daily) and with the body corporate costs approx $30 p/w, insurance costs approx $25 p/w, rates approx $40 p/w and transport costs approx $50 p/w and not suitable for children. In the face of these types of costs the entire Kiwibuild is a cruel joke to keep developers afloat with free land and over priced construction continuing, and only catering to a certain subset of people to help on $100,000+ who are not the most needy.

    Look at the businesses that benefit from construction, banks, insurance, councils… the problem is that so many of the public’s taxes are being used to profit for the same businesses… Shelter which is what housing should be about, seems absent in the equation.

    Like other countries NZ has created a speculative property bubble fuelled by government spending, bad planning and immigration policy that does not address local conditions aka poor wages and job insecurity and poorly thought out planning with high congestion, poor public transport, a rampant council clawing fees wherever they can from rate payers with high wealth programs like cruise ships, marinas and luxury stadiums being considered beneficial in politicians eyes with the local home owners picking up the bills from tourism and immigration, in particular for the increased pollution the rampant ill thought out building boom and lazy tourism is creating.

    A boom that is creating houses that are not suitable for the people who live in the country on the wages they earn with the lifestyle they have aka children.

    There are many issues that are not being considered important in housing such as the quality of housing, the right type of housing or where it should be located or who pays for the infrastructure for the developments.

    Auckland tower builder slammed over cracked Sydney apartments
    https://www.oneroof.co.nz/news/auckland-tower-builder-slammed-over-cracked-sydney-apartments-opal-tower-35807

    Empty Homes and Protests: China’s Property Market Strains the World
    https://www.nytimes.com/2018/12/30/business/china-economy-property.html

    Australia’s house price bloodbath
    https://www.oneroof.co.nz/news/australias-house-price-bloodbath-35810

    As Market Cools, Median Price for Manhattan Apartment Drops Below $1 Million

    https://www.nytimes.com/2019/01/03/nyregion/manhattan-real-estate-market.html

    (One has to ask why should people in NZ and China be paying 1 million for a 2 bedroom apartment, a similar price to New York, and our government Kiwibuild is touting $500k for a 1 bedroom, approx 1.5 hours commute from CBD)

      1. Thanks Mike, really interesting that even the migrants (judging by the British accent in the video) are trying to warn NZ what is really going on with housing here, because the MSM, Auckland council and government and by the extension, policy decisions seem clueless and it’s feeding some sort of fake news of housing and land shortages and supply issues when the issue is not that but investment in speculative housing that many people can’t afford to or don’t want to, buy.

        There are houses and land being built aplenty, what is missing is the well paid jobs and salaries to afford them and the idea that teleportation is a live and well to get people about in NZ! sarcasm.

        Developers could build thousands of houses (and are) but they are mostly building them for people coming to NZ with money who can afford circa 1 million dollars, NOT to house 35%+ kiwis and a growing number of working poor who can’t afford basic housing, power, transport or food on NZ wages or incomes.

        We are now getting middle to rich housing ghettos where soon, you are not going to ever see a poor or working class waged person because the poor will have been displaced somewhere else.

        The housing solutions being sought by government is making it worse for a significant amount of Kiwi workers and businesses, because they are the ones apparently being targeted for more taxes aka petrol taxes, less affordable houses being bowled or renovated close to the cities and housing policy extending their commutes…

        Even if the government and councils do decide to eventually put in public transport to these new housing estates, again the fairness issue when the existing families in Auckland paying rates for decades STILL have no decent public transport for a lot of Auckland.

        Meanwhile the ‘new million dollar estates’ which are seemingly aimed at Satellite families and new migrants with money get the new transport and the developers benefit from that with ability to charge higher prices for their land and houses, all paid for by the existing rate payers who still have little to no and very SLOW public transport for a lot of Auckland???? The priority is wrong!

        Auckland council planners egged on by Auckland council management are told to just consent anything without worrying about transport links, congestion and costs of wastewater and pollution which under our planning laws are supposed to be sorted BEFORE any new speculative estates are built and are not allowed to impact existing housing and pollution beyond a less than minor level.

        Clearly allowing so many housing estates with one road in and out to Auckland city is going not only to impact the near housing, but the entire traffic flow, air and water quality and businesses of that entire region who use the same travel path!

        NZ is gearing to have a nation of rich, retired folks and satellite families who pay little no taxes and in fact qualify for welfare, and existing Kiwis workers taxes are being stolen to fund infrastructure for those lifestyles.

        Now we have migrants getting residency and then sponsoring other migrants to come in some sort of knock on effects of poor legislation here. From jailed Sroubek sponsoring his Russian wife with a ‘job’ to a marriage within 11 days from the marriage of a Chinese man, 60, who met the widowed New Zealand citizen 79, who herself came from China two decades ago to join her children. https://www.radionz.co.nz/news/national/376220/10k-11-days-and-one-failed-deportation

        And the property taxes being touted will do nothing because they are about not taxing the family home – even if that family home is 1 million to 30 million plus…

        …also the next reaction is to tax empty homes, issue is, most of the homes will be eventually occupied by relatives, retirees’ satellite families and domestic staff…

        As the video commentator has said the building looks unregulated. The problem is that it is actually green lighted by Auckland council in cahoots with Auckland Transport who basically are ignoring planning laws about ensuring traffic flows and effects before consents!

        We are entering a cuckoo situation… NZ people killing themselves with work to prop up developers, banks and construction interests and the above examples of migrants who have paid pathetic if any amounts of taxes while requiring Kiwis taxpayers to pay hundreds of thousands for their jail time and the health care and retirement for their love interests .

        Immigration is mostly a good thing in moderation. What is happening in NZ is more a cuckoo situation not well planned immigration of skilled people who can offer the country a lot.

        Instead they are using immigration for the opposite effects here which is why when the government seems so keen to grant in jail criminals residency or give a wet slap of the wrist to immigration, marriage and work scams, and seem powerless to deport people, people see red!

        Surely fixing the cuckoo issue, should have been the priority of the Labour, NZ First and Green government in the first 100 days?

      2. @ Mike, with regards to your great link and the video, you also have to wonder why the developer was allowed to put in the roads without cycle and scooter lanes??? Again the rate payers will be expected to retrofit them at some stage.

        Likewise where is the community feel, a park, place for children to play, shops or what have you in the planning?

        1. a lot of whats been going on is a scam land shortage housing shortage i think joe wilks covered that in why planning is necessary in a good development what has been built is a big scam to flog off site unseen to speculators who are really going to take a bath
          young nz shouldn’t touch them with barge pole a major correction isn’t far off and those homes wouldnt even last as long as the mortgage wait for kiwi built home built and developed to a government specification
          in areas with schools shops public transport in real community

  8. Shane Jones won’t build his power base to the extent he can take Northland because many of the voters are as thick as their MP.

    1. NZF re-taking Northland is TOTALLY dependent on an “accommadation ‘ deal with Labour.

      The tried and true donkey Blue vote in Northland won’t change , Winston’s loss of the seat was directly attributable to the gain in vote for the very capable Willow-Jean Prime.

  9. ” A category 6 Hurricane that decimates an economy or a heat wave that kills tens of thousands could shake a complacent political establishment out of their apathy.”

    Yeah nah.

    Complecency resumed six months after such a disaster. The human capacity to avoid facing a problem and opt for a comforting lie (religion anyone?) should never be under estimated.

  10. My advice is to not listen to the Vice opinion of current Socialism.
    I mean they are hardly going to be selling the idea are they?.
    Its like reading the Guardian and deciding Corbyn couldn’t possibly take the leadership of the Labour Party.
    Or supporting the UBI because a bunch of silicon valley entrepreneurs and international tax dodgers like it.

  11. Bomber, you use ‘woke left’ so often you appear to be entranced with it, yet what does it mean? You seem to think “wonky left’ and predict it will diminish the left overall. Don’t worry, the concerns you attribute to woke lefties enlighten debate in a way your constant/tedious harping of Marama Davidson dulls debate.

  12. What about the toxic fall out from the CP-TPP as the ugly reality of what it represents and means starts to hit home?

    As to Labour I suspect they will slide toward irrelevance this year. They don’t have the numbers on their own and their support of the CP-TPP I suspect will have a bad impact on their partner parties. Why? Because people realise they can’t function without a bigger partner but with Labour backing the neo liberal model like National they may see no point in voting at all.

    1. Wasn’t until my grandfather came over to Australia recently for a visit. It was his round and he came back flabbergasted. $10 he said, yup I replied, $10 per pint.

      Funny story: Always told me he never did the economic part. Believed that there’s a beginning, middle and end. So o replied that in economics there’s always at least 5 hierarchies.

      Anyway, another nail in the coffin against the modern version of prodosant work ethic (more specifically, using said version to claim that poor people deserve to be poor or simply need to work harder) it seems.

    1. Damn, that was quite a read Frank!! I never heard of that incident so I’m guessing MFAT managed an effective cover-up of Clyde Dam proportions!! Your assessment would have to be correct, there’s no other credible explanation to explain what took place!!

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