tag:blogger.com,1999:blog-11906042.post3385282255579833245..comments2024-03-29T10:51:27.752+13:00Comments on Not PC: Time to wake up. A storm is a'coming, and smoke and mirrors ain't gonna save us.Peter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-11906042.post-14828215687006893852007-05-02T09:15:00.000+12:002007-05-02T09:15:00.000+12:00I know you're not against globalisation. People ar...I know you're not against globalisation. People are starting to realise that we cannot have true globalisation with sovereign borders as they are now. The immigration bogeyman is being trotted out with increasing fervour worldwide -- Utah republicans said the other day that immigrants are "Satan's minions [who] want to eliminate national borders and do away with sovereignty."<BR/><BR/>I have long said that immigration is the litmus test for those who claim to be libertarians, or objectivists for that matter. We are now starting to see who is a 'liberal' and who is a garden variety conservative.<BR/><BR/>The issue of globalisation and immigration is an issue I would like to see get some MSM air.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-59146183454353302922007-05-01T11:13:00.000+12:002007-05-01T11:13:00.000+12:00Anonymous, you won't find me complaining about glo...Anonymous, you won't find me complaining about globalisation, and that's not what I'm doing. What I'm attacking is not globalisation but <I>statism</I>, specifically the statism that fucks with the economy and people's property.Peter Cresswellhttps://www.blogger.com/profile/10699845031503699181noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-421894540322678422007-04-30T13:57:00.000+12:002007-04-30T13:57:00.000+12:00I wouldn't get too excited about the 'storm'. A co...I wouldn't get too excited about the 'storm'. A correction in the housing market, if coming, is likely to be no more than 10% and will mainly impact developers, traders and the over geared. <BR/><BR/>Re exporters - I love offshoring to low cost countries - as should all capitalists.Yes, NZ manufacturing will be hollowed out, but it's not just the kiwi making it hard. Australia has the same thing going on. Globalisation is good.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-48970894286812625352007-04-29T22:31:00.000+12:002007-04-29T22:31:00.000+12:00PC's is spot on. Indeed, this singular topic gets ...PC's is spot on. Indeed, this singular topic gets me so angry and most of my rancour is directed at teh politicians sitting fat and cosy on tax funded sinecures. <BR/>Trev Mallard makes me laugh with his talk of "innovation and design". How long has that spiel lasted? <BR/><BR/>"Design" in the 'real world' is not putting three circles on a T-shirt and charging thrice the price. Neither is "innovation" being an advert 'creative' who dreams up Tui bilboards. <BR/><BR/>We are going down becasue we are dummies. Dumb! We are not good enough at math, physics and the hard sciences, which are what drives real modern economies. 2cents.Greghttps://www.blogger.com/profile/10765006817084523046noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-58993521246012754952007-04-29T22:13:00.000+12:002007-04-29T22:13:00.000+12:00Please engage humour and irony!!The NZRU yarn (Fri...Please engage humour and irony!!<BR/><BR/>The NZRU yarn (Friday pm Panel Discussion on National Radio) was just a timely, vaugely ironic, anecdote to back up the tone of PC's post and, indeed, my personal financial position. I think I can mention the sensible investment style of the NZRU without a discourse on the CAPM and linear algebra!?<BR/><BR/>Goodness sake, as if anyone takes major financial advice from NatRad Panel. Give a reader of this blog a little credit!Greghttps://www.blogger.com/profile/10765006817084523046noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-32415352850141612432007-04-29T16:01:00.000+12:002007-04-29T16:01:00.000+12:00Or, Greg, you could exercise your ability to make ...Or, Greg, you could exercise your ability to make your own decisions and do that instead.<BR/><BR/>What NZRFU does with their money is really nobody's business. Almost by definition, I'd have more confidence if anyone's investment decisions when grounded in performance rather than parochialism.Matt Burgesshttps://www.blogger.com/profile/10256353079960538374noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-964462367811586512007-04-29T12:48:00.000+12:002007-04-29T12:48:00.000+12:00Good new photo.Here's a thought, heard Chris Molle...Good new photo.<BR/><BR/>Here's a thought, heard Chris Moller (NZRU CEO) mention on NatRad that all their cash reserves are offshore. ALL of their 70 million. ALL. None of it was in Provincial Finance. None in 42below. None in Charlies. None in Digitech. None in W(almart)arehouse and other famous NZ innovators.<BR/><BR/>There's a lesson there if you'll take it. If a parochial Kiwi organisation doesn't invest in NZ and leave its cash open to xrate risk and a drippy sharemarket then why should you?<BR/>...Greghttps://www.blogger.com/profile/10765006817084523046noreply@blogger.com