Message from @NewRogernomics
Discord ID: 649107319535435786
you can see in NZ money supply figures money is being pumped in
but you can see in household debt to gdp ratio where it's NOT going
Well, NZ is relying on immigration unfortunately.
Also you can get into NZ through an investor residency system.
Meaning if you buy property/invest in companies, you can get in as a long-term resident.
If you visit NZ, the locals aren't doing as well as recent immigrants who come in with assets in hand, and buy up property.
Auckland (the major city) is full of wealthy Chinese, who got in on the residency visa.
yea i know, i listen to martin north and those guys all the time
The general feeling of folks that live there is that NZ is great for those that come in with money and skills, but sucks for those who were born in bred there or for migrants from the islands.
yea it's a takeover
the chinese understand all this, it's part of their state policy
NZ has the problem as well that it has a low population that can only support so many jobs in certain sectors.
it's a purposeful takeover, they probably finance much of the austerity politics there
Well, NZ is basically equal opportunity, in that it takes investment from anywhere without seriously looking into the implications.
martin north video snapshot
he often has steve keen on, worth following them
The Chinese government is heavy into soft power in NZ.
It gave a preferential free trade agreement it wouldn't give other countries.
Kinda NZ was meant to be a showpiece for China, or at least thats how China has portrayed it aka as the 'first free trade deal with a developed economy'.
The problem with that is Huawei wants to get a stake in NZ's critical infrastructure.
And NZ is in Five Eyes.
So it would create a potential backdoor into Five Eyes from NZ.
There is a similar issue in the UK as well.
I got banned from godlikeproductions again
report just came out today on chinese soft power in europe
Kinda if any five eyes country lets in Huawei, they need to be removed from Five Eyes, as that hurts US security.
Well, right now, the west is just way too naïve on China.
Is that some porn?
naive might not be the word
Probably.
I’m watching Fox News
willful cooperation on the part of our elites, they did same thing with USSR
I heavily disagree with the way the west has dealt with China.
It believed it could just control China.
it's Barbarian Management, from the POV of the Chinese
Asian version of British Raj tactics