Daily Review 14/07/2015

Written By: - Date published: 6:00 pm, July 14th, 2015 - 17 comments
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Greenpeace climate change

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17 comments on “Daily Review 14/07/2015 ”

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  1. infused 1
    14 July 2015 at 6:05 pm

    Well this is blowing up on the news.

  2. sabine 2
    14 July 2015 at 6:55 pm

    not sure what to make about this

    Quote: This week, ANZ Economist Cameron Bagrie sensibly questioned whether it was time for the Government to use its balance sheet, which means its ability to borrow cheaply, to invest and spend in the economy and help keep it growing strongly.

    Prime Minister John Key said it was too early to push the panic button, but the Government would invest heavily again to support the economy if it needed to.

    He referred to the Government’s billions of dollars of investments in motorways and infrastructure during and after the 2008/09 Global Financial Crisis and the 2010/11 earthquakes.

    Here’s the opportunity. The Government’s net debt is just over 25 per cent of GDP and forecast to drop towards 20 per cent over the next couple of years. The IMF and OECD say our Government could easily handle net debt of 60-90 per cent and was more than 200 per cent of GDP away from its absolute limit.

    http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=11479442

    • DoublePlusGood 2.1
      14 July 2015 at 11:08 pm

      I don’t think we should really be looking to trust what the IMF says when they recommend higher net debt. We’ve seen where that leads.

      • Draco T Bastard 2.1.1
        14 July 2015 at 11:37 pm

        +1

        The government should never borrow. Why should they pay interest when they can create the money?

  3. Weepus beard 3
    14 July 2015 at 9:01 pm

    http://www.stuff.co.nz/national/education/70191280/growing-gap-between-wages-in-early-childhood-council

    Well, isn’t this a surprise?

    Non-union members bitching about not getting they same pay rises that union members, through their union membership, get.

    Even then the NZEI want to reach out and help those teachers not in the collective agreement who are not being helped by their selfish employers.

    Problem: Private sector failure.

    Solution: Join the union!

    • adam 3.1
      14 July 2015 at 11:13 pm

      You really can’t complain if you chose to have no power, by not working co-operatively – Oh wait you can work co-operatively – it’s called a union

      One five letter word to give you more take home pay. Strip away powerlessness, and who can give a voice to your concerns, and worries in the workplace.

      UNION

    • ianmac 3.2
      15 July 2015 at 9:14 am

      Baffles me why people choose to not join unions then complain that those on a collective get more. Weird.

    • Weepus beard 4.1
      14 July 2015 at 10:17 pm

      Yes, very clever.

      Evans offers that cheap Chinese money is invading New Zealand and that we are powerless to stop it but at the same time indicates we clearly have more power against this “colonisation” than Maori did against the British onslaught.

      • adam 4.1.1
        14 July 2015 at 11:03 pm

        Really, I was thinking other analysis – about pots and kettles.

        But that’s the beauty of cartoons – many possible ways to interpret then.

    • Anne 5.1
      14 July 2015 at 10:47 pm

      Thanks for the links Joe90. Very interesting stuff. And here’s a taster:

      Lack of self-esteem has deterred Greater Vancouver from responding to warning signs about the money fleeing China. Part of this may be what a friend of mine calls “the Komagata Maru syndrome.” That is the fear of singling out any ethnically identifiable group for fear of being labelled a racist. Just look at the city’s media. It has taken it years to pluck up the courage to say that it is torrents of money from China that is distorting Vancouver’s economy.

      Replace Vancouver with Auckland and hey presto…

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