John Key prepares to sign theTTPA agreement in NZ this Feb. Reminds me of the famous words from the legendary George Carlin. It's a big club… and you ain't in it!
As the New Zealand economy remains stagnant John Key still believes we have a Rockstar Economy. All the while he's positioning himself to cream all he can before he leaves NZ Politics. Milking it much!
It's party time for National as New Zealand's overseas debt reached an astounding $100 Billion Dollars this year and in the process have delivered 7 budget deficits in a row since 2008 (that's every year this term). Amazing when you think that only 7 years ago NZ's overseas debt was less than $20 Billion.
That's right, it is 5 TIMES GREATER now.
In response the Politicians with their mainstream media repeaters will calmly spew out the same "NZ has a Rockstar economy" story and most of the NZ Public will believe it - so no worries!
But, what does "Rockstar Economy" actually mean? Sounds like some fancy-schamancy financy term aye?
Well let's try it another way:
"How's your mortgage?
"Really good mate! I have a Rockstar mortgage!"
Doesn't mean anything bro.
My partner and I like to share the good news. Your comments are welcome.