The fallout has started. Construction companies are starting to go to the wall. Every time a downturn hits, one of the first signs is the collapse of building. Construction companies often have tight margins and once payments from clients start to be delayed the whole house of cards begins to
Paul Tolmachev mises.org The Russian-born Tomachev is portfolio manager at BlackRock (London, UK), with $500 million in personally managed assets. He also is a visiting scholar at the Stanford Institute of Economic Policy Research, where he researches institutional and political economy. Warning Long read: 1641 words Where are the
Alexander Gillespie University of Waikato Alexander Gillespie works primarily in international law, with specialties in international environmental, and the laws of war/international humanitarian law. Trying to gauge the worst aspect of the Russian invasion of Ukraine is difficult. For some, it will be the illegal invasion itself. For others,
Budget Day is probably the most important day of the political calendar, other than the day of a general election. Everyone is affected by the budget one way or another. Whether you were hoping for more funding for Pharmac, an increase in benefits, tax cuts, more money for those with
Stuart Smith National MP Kaikoura Below is Stuart Smith’s response. The ram-raids on retail stores across the North Island are appalling and it is a result of a government that has sent a message loud and clear to New Zealanders that they’re soft on crime. Since 2017, gang
Remember when Chinese residents in Australia ran a booming business buying and shipping Australian products for folks back home? Especially baby formula. Chinese shoppers stripped supermarkets of baby formula faster than a Karen grabbing a trolley full of toilet paper. At least the Chinese couldn’t blame their thirst for
Would it surprise you to find out that this Government has made the majority of Kiwis welfare bludgers? This week’s budget has confirmed that 81 per cent of Kiwis are in receipt of some form of support, either through the Winter Energy Payment or the cost-of-living payment. We’ve
Watch out National. The government has heard you banging on about the cost of living crisis but, instead of offering tax cuts, they are going to splash some cash – literally – into people’s bank accounts. Only some people of course; those who earn less than $70,000 pa and do
Remember when John Key declared that Working For Families was “communism by stealth”? I certainly do. But when Key took office he actually extended it. After yesterday’s budget the communism is no longer stealthy, it’s rampaging through the economy free range. How else can you describe the policy
I have had a few comments about previous letters from people asking about which country is better – the UK or New Zealand – as they were thinking of moving. First of all, I am not an immigration/emigration advisor, so nothing I say should be interpreted as giving advice. What I
Information Opinion Note: this article is an opinion piece. It is not intended as investment advice. Those seeking investment advice should consult a professional adviser. I thought I should wait a while before talking about the furore over My Food Bag, caused by insensitive remarks by Simon Henry, CEO of
Jeffrey A. Tucker brownstone.org Jeffrey A. Tucker is founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press and 10 books in five languages, most recently Liberty or Lockdown. He is also the editor of The Best of
David Sukoff fee.org Dave Sukoff is an advisor to the investment management community and previously co-founded and ran a $500mm fixed income relative value fund. He is also the co-founder of a software company and inventor on multiple patents. Dave graduated from MIT, where he majored in finance and
Hannah Cox fee.org Hannah Cox is the Content Manager and Brand Ambassador for the Foundation for Economic Education. Americans are already struggling under the weight of crippling inflation, from skyrocketing gas prices to exorbitant grocery bills. And even if few Americans thought the Biden Administration had a plan to
A recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Talking to journalists a short while later [Robertson] conceded that the Budget financial figures would show a deterioration relative to the last
Robert Hughes aier.org Robert Hughes joined AIER in 2013 following more than 25 years in economic and financial markets research on Wall Street. Bob was formerly the head of Global Equity Strategy for Brown Brothers Harriman, where he developed equity investment strategy combining top-down macro analysis with bottom-up fundamentals.
