Another Vinny Eastwood Special. Kiss your savings good bye New Zealand... too late - it's spent already.
In the last 8 years National under John Key have increased NZ's National Debt to $80 BILLION.... that's $80,000,000,000.
It would take the population of New Zealand (All 5 Million people including the elderly and the young - babies included) earning an average $24 per hour wage, working 40 hours per week / 52 weeks per year / 160 years to pay back this amount of money. That's handing over ALL of their earnings, every cent with no money to live and no holidays. If we used half of the earnings to live on then it would take 320 years to pay back.
In other words the NZ people will never pay this debt back with wages alone - the interest alone accrued after 320 years would add another 5 Billion to the total.
320 YEARS!... New Zealand hasn't even existed that long.
"Working for New Zealand" are we Mr Key?... your little blue "boat of Charon" is ferrying us toward a financial hell if we don't change things fast and for the better.
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