Will the 4 Ozzie Banks get a Stooge Reserve Bank Governor?
The real question now Adrian Orr has left is will the Big Australian Banks (who were angry at his demands for their capital levels) get a stooge who will lower their capital requirements.
Orr was hated by the 4 Big Australian Banks because he was the one demanding they hold high enough capital levels to look after New Zealanders because Orr knew in his heart of hearts that if a serious economic shock hit Australia or NZ that the 4 Big Aussie Banks would immediately cut our throat to protect their own.
No Kiwi can be stupid enough to not expect the 4 Big Aussie Banks who have robbed us blind to cut our throats if they needed to.
That was what Orr was protecting us from, he has been forced out and now we wait to see if the 4 Big Aussie Banks get their stooge.
Under this Government it is impossible to see that they won’t.
The new 4 Big Aussie Banks stooge will immediately lower their capital requirements and we will just wait until the next economic shock top see if Orr was right to protect us.
I don’t think we will wait long to find out.
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Nationalise or New Zealandise and declare a public holiday on the day it’s done. Like Labour has Labour Day, Winston could have NZ First Bank Day.
End up like this: Les Miserables – The Final Battle
https://www.youtube.com/watch?v=4ILI27rfwtM
followed up by a rundown of socialism showing its OTT with a lot of slop that ignores the reality of human traits as if Marxism and Communism was no good at all and the opposite is? It is sponsored by something called hillsdale and then there are other sponsored messages.
It’s interesting as a way of manipulating our minds – placed behind the vid of the fighting French people being shot down by superior cannon and legitimate uniformed forces. (Voltaire quote about murder!)
Nationalise or New Zealandise and declare a public holiday on the day it’s done. Like Labour has Labour Day, Winston could have NZ First Bank Day.
Im sure the dwarf from Dipton will be a front runner as they need a clown like him to finish the job of fucking the NZ economy .The other one will be ferret Goldsmith who at least was the smoko boy at treasury for a while .