You may find Insurance coys are not interested in insuring race cars.Apparently they crash quite often.
Si.
Big profit centre.Create a problem-S.A.D,Societal Anxiety Disorder,then provide the solution.Xanax,Valium,whatever.Your bank floweth over.
So Russia and China move to challenge the dominance of the U.S petro dollar. Trump enacts trade sanctions and protectionism,the usual suspects beat up anti Russian and Sino relations,as the ' City 'and Wall ST weigh up their options. War,what is it good ...
Luxon has unwisely responded to Jones attacks.There is as much a case for regional air services as there is for accomodation subsidies and bus service operators.Cheap efficient transport,people and freight should be a core economic priority.
'Inhuman ' to expect council staff to be denied business class travel! https://youtu.be/YjQuy0MesMU
The total iron sands being removed from Australia is marginal as a percentage too.On that basis it should be free as well.
Satire is definately doomed,if you have to point it out! Winston expressed a high opinion of Tillerson,and a willingness to engage with him.
Post of the week.
Economist Steve Keen is singing from a songsheet that makes sense.Surplus vs deficit . https://youtu.be/287Cu5me0Og
A person I know who works at M.B.I.E has crinkly hair,loves big screen T.V and appreciates sculptures.She thinks Joyce is wonderful too.
We should really thank Winston.He has terminated the tragedy of the Key era in NZ politics.
@Alwyn.I understand very well,and have provided info from the RB in my last paragraph. As you seem to be so knowledgeable,what happens if Bank A has large exposure to Bank B,who has exposure to Bank C ,who has exposure to,Bank A.Are other banks paid out as...
Everything Norman states in the quote you provide. is fact.If banks have creditors that include other banks ,how does the OBR apply to them ?Only Israel and NZ have this scheme.I wonder why . The Reserve Bank-'The OBR is therefore not designed to determine...
Interesting observations re OBR and deposit insurance. https://www.interest.co.nz/personal-finance/63948/nz-doesnt-have-deposit-insurance-due-moral-hazard-and-difficulties-defining
A very good explanation of how the OBR works.Can you now explain why we need one and the Australians don't and how it is better for customers than deposit insurance.
@Alwyn ,perhaps you would like to explain why NZ needs an OBR. Bearing in mind of course that we basically have the same banks as in Australia,where depositors insurance is the relevant factor.
Very bold and well presented argument Advantage.The powers that be,the private central bankers on Wall St and the City,would take a very ,very dim view of any political party that acted on your recommendations.To quote Obama,'you know what happened to Dr ...
This -'She did bring in private prisons, which gets her a small tick from me',gets a big cross from me,and puts me off anything else he has to say.
There is a thriving sex tourist industry in Africa ,where needy women enlist the services of young studs,the 'boyfriend experience'.
Because big business wants it,and what big business wants,it gets.
'Both governments have managed to deflate this slowly but surely.'Thank god it didn't deflate too much before John Key cashed up in Parnell.Fantastic price,buyer had a chinese sounding surname,too.
That is a $10 mil project for an industry that has a thriving export market and employs over 40,000 people.McCully gave away more than that to one windswept Arab shiek, for?
'The primary objective of the working group is— (a) to examine the accountability requirements of current KiwiSaver providers relating to fees and investment practices: (b) to advise on establishing a government-owned and operated KiwiSaver provider Why ...
'There’s also legislation coming up in the NZ Parliament (go Fletcher Tabuteau!) for the state (it will probably be NZSuper) to run its own Kiwisaver fund as well (i.e. more directly than Kiwibank’s one).' You may be a bit confused here.Kiwibank's ...
If you drill down into who the major sharehoders and bond holders of the big 4 banks are, you may be surprised.
Norris on $426,000!Good work if you can get it. Mind you it must be the current market rate for,'talent'.
I guess you think a degree in Zoology is a good qualification for the finance portfolio.
No need to nationalise the aussie banks,just promote Kiwibank harder,give it an edge. All Govt business would be a good start .The big 4 aussie banks here have 1 rule for their Australian customers and another for Kiwis.In aussie they have deposit ...
This is much worse. https://edition.cnn.com/2015/04/30/world/france-un-car-sex-abuse-claims/index.html
Realistically all Bill English did was borrow tens of billions of dollars.They tried to repackage him at the last election 'Key' style and it worked to an extent,but it always looked like he was a little uncomfortable . Bailing out SCF was remarkable in ...
Cats, with their independent spirit and beguiling purrs, have captured the hearts of humans for millennia. In New Zealand, felines are no exception, boasting the highest national cat ownership rate globally [definition cat nz cat foundation]. An estimated 1.134 million pet cats grace Kiwi households, compared to 683,000 dogs ...
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