08/09/2020
https://www.newsroom.co.nz/pro/garage-rooms-went-for-motel-rates
well I knew we had a housing shortage, didn’t realise our Goverment resorted to this though.
'Garage' rooms went for motel rates
Not satisfied with charging motel room rates for 'uninhabitable' rental properties, some investors started dividing up garages with gib board so they could squeeze even more money out of it
08/06/2020
The latest financial crisis began before Covid, placing this timeline here.
Investors Were Being Blocked from Fund Withdrawals Months Before the Pandemic
By Pam Martens and Russ Martens: June 8, 2020 ~ Wall Street On Parade has previously written that a financial crisis was already well under way before the
09/01/2020
Best short summary yet.
Nick Szabo 🔑 on Twitter
“You can securely control neither your land nor your digitally centralized financial assets without the help of government. Thus the locality & importance of legal ownership in these things. You can securely control your globally seamless Bitcoin without the help of government.”
22/12/2019
Majorly flawed western democratic systems exist in this world, we rarely realise how well we have it in NZ.
Why the UK’s electoral system failed
On the most important issue in the UK's modern history, its electoral system has produced an absurd result.
21/12/2019
So how did everything perform this year you ask.
Charlie Bilello on Twitter
“2019 Returns... Bitcoin: +90% Nasdaq 100 $QQQ: +38% S&P 500 $SPY: +31% Oil $USO: +31% REITs $VNQ: +27% Small Caps $IWM: +26% EAFE $EFA: +22% EM $EEM: +18% Investment Grade $LQD: +17% Gold $GLD: +15% High Yield $HYG: +14% US Bonds $AGG: +8% US Dollar $UUP: +5% Cash $BIL: +2%”
02/10/2019
Further evidence of the pending global recession
WTO Cuts Outlook for Global Trade Growth to Lowest in a Decade
economics WTO Cuts Outlook for Global Trade Growth to Lowest in a Decade By Bryce Baschuk Updated on WTO Cuts Outlook for Global Trade Growth to Lowest in a Decade By Bryce Baschuk , Group reduces trade growth forecast for 2019 to 1.2% vs 2.6% WTO cites rising global tensions, Brexit uncertainty Tru...
26/09/2019
Ever wanted to know how indebted your local council is. wonder no more
Infometrics shows that council debt levels have been rising over the last decade and are scheduled to rise further in the next decade as revenues are insufficient for replacement projects, let alone growth projects
Infometrics shows that council debt levels have been rising over the last decade and are scheduled to rise further in the next decade as revenues are insufficient for replacement projects, let alone growth projects
13/09/2019
Big signs the market continues to cool despite record low interest rates.
National house sales volumes sank to a five year low in August but prices were flat overall, the Real Estate Institute of New Zealand says
National house sales volumes sank to a five year low in August but prices were flat overall, the Real Estate Institute of New Zealand says
12/09/2019
Outside of Brexit the Euro is still showing no signs of recovering despite negative rates.
Joumanna Bercetche on Twitter
“ thread Here's what analysts are expecting: 1) Majority expect 10bps rate cut to -50bps (minority 20bps cut) 2) Tiering 3) Restart of Asset Purchases : sov +corp bonds of EUR 30bn x 12 months (risk of LESS given recent hawkish commentary) 4) Enhanced Fwd Guidance”
07/09/2019
Fantastic example of inflation, that most people seem to continue to ignore.
Is gold really going up, or is our government backed money actually just worth less. (inflation 101)
Here's A Dirty Secret Few People Know About Gold
The American Gold Eagle is well-known throughout the world, and pretty much every coin dealer on the planet will buy and sell them... However, I don’t recommend buying the American Gold Eagle...
13/08/2019
Proud to Announce this news. Was only a matter of time. Bigger things still to come
New Zealand legalises salaries paid in cryptocurrencies
Tax ruling brings digital currencies in line with mainstream forms of payment
11/08/2019
Reminder we don't have bank deposit insurance in NZ. But it may be coming.
See
New Zealand Bank Deposit Protection Scheme - Does N. Z. Have Bank Deposit Insurance? - Gold Survival Guide
See what the proposed New Zealand bank deposit protection scheme will cover. What is excluded from any government guarantee. What are your alternatives?