Who Has the Courage To Fix This?
Declaring something impossible doesn’t make the debt disappear. It just means that the reckoning will happen on worse terms, probably in a crisis, almost certainly at the worst possible moment.
Economy
Grant Has a Point on Luxon’s Hollow Words, but His Peters’ Obsession Shows His ACT Bias
All up, not a bad effort from Damien Grant. He nails National’s dismal record on spending and ends with a call to arms: grab a chainsaw and go after the deep state bureaucrats, Javier Milei style.
Christchurch Airport Posts Strong Half-Year Growth
Passenger numbers increased 7.2 per cent to 3.4 million during the period, with international travel surging 15.2 per cent and domestic travel rising 4.8 per cent.
There Is Just Waste Everywhere
Defund da sewerage. The albatross around New Zealand’s neck.
Why Central Banks Commonly Ease up on Inflation Too Soon
These lop-sided public and political pressures commonly cause central banks to ease off on inflation too early. Jarring policy reversals are then needed.
Back-To-School Invoices Hit Like a Second Mortgage
Satire/Parody: Pavlova Post blends real headlines with made-up jokes – not factual reporting.
The Panic of 1857: An Austrian View
A massive amount of money was created, interest rates fell below the natural rate, and money flowed into malinvestments of higher-order goods like land and railroad construction.
It’s Everyone’s Fault but Theirs
Labor attack the messengers pointing out their failures.
Why Are Taxpayers Funding This Cycling Charity?
I suppose it would be far right to ask why people can’t just cycle with whomever they want and without a whole charity being set up?
Taxing Everything That Is Nailed Down
Naturally they always want to tax the rich… But eventually ‘the rich’ skip town, so the government starts taxing every that can’t relocate. Pubs. Property. Small businesses. The middle class.
Davos Gets a Reality Check
They’ve been told to their faces that they’re a joke. And there’s nothing they can do about it, because it’s true – and everyone is finally admitting it out loud.