neoliberalism is death | renewable energy revolution | complexity, #MMT, post-Keynesian, systems transition, 🍩
🇦🇺tangata tiriti in Aotearoa | antifascist | #nafo
First thing to notice is that a big chunk of the increase in our cost of living was thanks to RBNZ hiking interest rates to tackle the cost of living! [🧵 1/n]
First thing to notice is that a big chunk of the increase in our cost of living was thanks to RBNZ hiking interest rates to tackle the cost of living! [🧵 1/n]
First up, this bare-faced lie. The countries in the pink circle have a similar-sized economy to NZ. Govt spending is a lot higher in all but one . [🧵 1/n]
First up, this bare-faced lie. The countries in the pink circle have a similar-sized economy to NZ. Govt spending is a lot higher in all but one . [🧵 1/n]
At this rate, we will match current spend in Denmark & Sweden in 150 years time 😱 [2/n]
At this rate, we will match current spend in Denmark & Sweden in 150 years time 😱 [2/n]
rip more yet money out the economy then act surprised when it slides further toward the abyss.
completely broken incoherent failed economic paradigm
www.rnz.co.nz/news/politic...
rip more yet money out the economy then act surprised when it slides further toward the abyss.
completely broken incoherent failed economic paradigm
www.rnz.co.nz/news/politic...
Also no appetite to sit next to Trump and look dumb when he gets played by Putin
Trump’s leverage over Ukraine, Russia and Europe has decreased since the spring and Ukraine is in a better position than back then, given their improved own industrial output thanks to the Danish model that many European countries are now implementing
Also no appetite to sit next to Trump and look dumb when he gets played by Putin
r=1tgexa&utm_medium=ios
Ukraine targeted your strategic bombers, not your homes.
Your own armed forces are, on the other hand, constantly terrorising Ukrainian civilians.
Ukraine targeted your strategic bombers, not your homes.
Your own armed forces are, on the other hand, constantly terrorising Ukrainian civilians.
All data in 🧵 is from today's RBNZ MPS May 25 [1/n]
All data in 🧵 is from today's RBNZ MPS May 25 [1/n]
Here's NZ Central Govt net financial position. Govt financial liabilities (grey) have gone up, but the increase is easily offset by Govt having more cash in the bank & share values [1/n]
Here's NZ Central Govt net financial position. Govt financial liabilities (grey) have gone up, but the increase is easily offset by Govt having more cash in the bank & share values [1/n]
Jobs are kept scarce, so that kiwis sell their labour at poverty-wage prices. If unemployment is too low, Govt's henchmen at RBNZ crash the economy.
Jobs are kept scarce, so that kiwis sell their labour at poverty-wage prices. If unemployment is too low, Govt's henchmen at RBNZ crash the economy.
If only some GOP members ever stood up to Trump.
staatskrise sieht jedenfalls anders aus.
staatskrise sieht so aus 👇
If only some GOP members ever stood up to Trump.