Posts Tagged ‘crash’

The great Auckland housing crash of 2017

Written By: - Date published: 7:02 am, July 6th, 2017 - 79 comments

Two indicators both agree that the Auckland property market has started trending downwards. Over leveraged buyers are going to get burned, and first time buyers are still shut out. Perfect.

Tax the Rich An animated fairy tale

Written By: - Date published: 8:52 am, November 30th, 2016 - 10 comments

A short video produced by US unions “to support a fairer tax system”.

Oram – seven warning signs for the economy

Written By: - Date published: 10:07 am, July 24th, 2016 - 23 comments

Rod Oram’s Sunday Star-Times, reprinted on Facebook here, adds yet another voice to the chorous of economic warnings: “Our Road Runner economy is zooming towards the cliff-edge”…

Toil and Trouble.

Written By: - Date published: 2:22 pm, July 5th, 2015 - 46 comments

In the hope of some informed comment…

Sovereign debt

Written By: - Date published: 10:55 am, March 10th, 2010 - 42 comments

The world’s economy has not truly recovered from the recession, it has just been artificially reanimated by vast injections of Government bailout money.

What happens when taxpayers get the bill? The people of Iceland just voted not to pay. This may be the first in a cascading series of failures of “sovereign debt”. If so, the next crash will make the recent recession look like child’s play.

The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.