Geopolitical Risk

[Waltzing]

Yes about time people... China has been the BIG E in the room for a while ... those little red bank accounts ...

https://www.stuff.co.nz/business/132759852/reserve-bank-governor-adrian-orr-spells-out-big-risks-to-nz-of-china-downturn

[Waltzing]

That sound you here is the rumblings of the storm thats building on the distant horizon .....

Imagine the panic that going to break over Asian markets ...

https://www.youtube.com/watch?v=W1hn1pF-ilQ

[Waltzing]

Next shoe to drop after EVERGREEN..   grande...  blooms fading to winter bare branches...

https://www.cnbc.com/2023/08/18/china-property-developer-evergrande-files-for-bankruptcy-protection-in-us.html

[Waltzing]

We all admire the works of the Great Yu ...  https://en.wikipedia.org/wiki/Yu_the_Great

But will XI emulate the great Empero.r or will the rains doom his grand plans along with the likes of EVERGREEN.... ahh Grande

Grand cities of dreams ....

https://edition.cnn.com/2023/08/17/china/china-floods-xiongan-hebei-xi-jinping-intl-hnk/index.html

[Waltzing]

Economic impact, but no 'Lehman moment'

https://edition.cnn.com/2023/08/18/economy/china-zhongrong-trust-protest-intl-hnk/index.html

[Left Field]

Washington Post columnists share their predictions regarding China's economic decline.

https://www.washingtonpost.com/opinions/2023/08/18/china-economy-deflation-debt-analysis/

The latest news from China is ominous. A range of indicators suggests that Beijing is facing economic headwinds. Growth has failed to meet expectations. Foreign investment is sagging. The crucial housing market is soft. Companies and government institutions are struggling under mounds of debt. On Thursday, the giant property developer China Evergrande filed for bankruptcy. On top of all this comes news that the economy has entered deflation — raising fears of a downward spiral of the type that crippled mighty Japan in the 1990s. What does it all mean? We asked our columnists.

[Waltzing]

Ominous article...

Sure looks like the Communists just dont understand why the play book doesnt work... this time!  ... what was wrong with Marks anyway right?

slippery slope everytime ...

and so they become a real danger again to world peace.... do we still believe or in another 25 years will the population of the planet simply over whelm.
 
You have to wonder why any Party in this country would have RED as their color and Labour in the name... change it to Purple and change the name to something else!!!!

[Left Field]

Economics 101 - " A market economy will always outperform a command economy in the long run."

[Shareguy]

Ominous article...

Sure looks like the Communists just dont understand why the play book doesnt work... this time!  ... what was wrong with Marks anyway right?

slippery slope everytime ...

and so they become a real danger again to world peace.... do we still believe or in another 25 years will the population of the planet simply over whelm.
 
You have to wonder why any Party in this country would have RED as their color and Labour in the name... change it to Purple and change the name to something else!!!!

They need to change the colour at least. Think they will have plenty of time on their hands after the election.

[Waltzing]

Is it a hollywood movie like Captain America.....   https://www.youtube.com/watch?v=JerVrbLldXw

No its real.... Those sneaky chinese bbb ....

https://www.telegraph.co.uk/world-news/2023/08/19/china-helping-arm-russia-helicopters-drones-metals-xi-putin/

[Onemootpoint]

Coincidence or not.....

Russian general who knew 'secrets' of Putin's palace dies suddenly in prison

https://www.stuff.co.nz/world/europe/300953434/russian-general-who-knew-secrets-of-putins-palace-dies-suddenly-in-prison

[Waltzing]

For some countries its now obvious the UN was just a quicker way of controlling other countries... but really  that its powerless and in the end it cant stop anything.

https://www.rferl.org/a/russia-drone-strikes-ukraine-crimea-attack/32555000.html

[Shareguy]

Must congratulate the government on this policy.

https://www.nzherald.co.nz/nz/politics/election-2023-labour-launches-financial-literacy-in-schools-policy/XL6WVS5CCJGZHHZNEEVOQWCJIM/

[BlackPeter]

Must congratulate the government on this policy.

https://www.nzherald.co.nz/nz/politics/election-2023-labour-launches-financial-literacy-in-schools-policy/XL6WVS5CCJGZHHZNEEVOQWCJIM/

We learned this stuff (financial literacy) 50 years ago in school. The called it "economics" back in Germany. Interest rates, company structures, share holdings, bonds, investment strategies, debts.

50 years later both big NZ parties agree that it would be a good idea to teach this as well in NZ. Amazing - it took them only half a century to test this idea for the specific New Zealand conditions ;

If we keep up this pace ... one day we might be first under the sun - hey, we are only two generations behind Europe, how hard can it be?

[Fiordland Moose]

Must congratulate the government on this policy.

https://www.nzherald.co.nz/nz/politics/election-2023-labour-launches-financial-literacy-in-schools-policy/XL6WVS5CCJGZHHZNEEVOQWCJIM/

Good policy.

Should include it for MPs as a fair few could use it