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notices and features - Date published:
5:30 pm, August 23rd, 2022 - 8 comments
Categories: Daily review -
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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Dear young people; don't vote!
Predictably, dear old Brian has finished off the new "umbrella" party before it started. We are fortunate in NZ that the fringe fools have such a spokesman. While elsewhere the Farages and Trumps can get votes, the good bishop is on a mission to make a far-right vehicle as unelectable as possible.
If he had gone to Winston and the New Cons and said "you bring the 2-3% and get it kick-started, I'll stay out of the way" then it might have a chance of gaining momentum towards the magic 5%. But now it's already labelled as the Brian Tamaki vehicle, and they always, always crash.
Watching Tamaki on the news I thought to myself he's increasingly becoming the NZ Trump, maybe not in terms of electability, but certainly in his rhetoric, distortions and illusions. Stand for nothing, just oppose everything for the sake of acquiring some power.
Political satirists at Juice Media have been somewhat muted recently since the Australian federal election returned a slightly more progressive government. After 9 years of Scomo it feels a bit like the return of Labor in NZ in 2017 – a relief, but expecting to be let down at some point. Juice Media has now come up with their latest excerpt focusing on the mess in Britain. As usual, fun (and sad / mad) to watch.
Correction, not 9 years of Scomo, but of the Liberal/National Coalition, 3 PMs in all, each departed because of arguments about climate change.
Released forty two years ago.
Wholesale interest rate yields rise to attract bids as global inflation concerns rocket.
https://www.rbnz.govt.nz/statistics/series/exchange-and-interest-rates/wholesale-interest-rates
Economic chatter rings alarm bells for Europe (inc UK) as energy constraints require a rewriting of manufacturing business models in Germany and the rest of Europe,as the policys are shown to be shallow and unsustainable.
Both the Euro and pound significantly depreciating against US$ as yield spreads increase further to attract investors under recession fears.
Great piece of community organising that helps us help ourselves:
https://www.rnz.co.nz/news/national/473363/feeling-of-empowerment-in-bid-to-save-broken-goods-going-to-landfill
Working against over-consumption while also being frugal, learning new skills and sharing them with others in the community. May it spread widely.