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Thread ID: 137976 2014-09-18 06:34:00 Economics 101 Terry Porritt (14) PC World Chat
Post ID Timestamp Content User
1384163 2014-09-18 06:34:00 We live in a strange world, Mr Micawber had it right;

""Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery."

And yet.......... "Official figures show the seasonally-adjusted current account deficit increased to $2 billion in the three months to June, compared with a revised $617 million shortfall in the previous quarter."

www.radionz.co.nz


Then we now have economists saying this is a good thing because the increase is due to all the profits being taken out of the country by foreign owned firms (and hence increased economic activity)....listen yourself to the gurus....

www.radionz.co.nz
Terry Porritt (14)
1384164 2014-09-18 06:48:00 And these clowns advise the clowns that some suckers are going to elect?
:(
R2x1 (4628)
1384165 2014-09-18 06:54:00 And these clowns advise the clowns that some suckers are going to elect?
:(

It may encourage a certain party to sell off even more assets and get them to encourage private firms to sell themselves to overseas buyers...............the good news would be even better then.:banana
Terry Porritt (14)
1384166 2014-09-18 07:05:00 At least the advisers are only incompetent and stupid. Those they advise are not so clean in their actions, even the ones they remember.

"Those prepared to give up a little liberty in order to gain a little security wind up losing both."
R2x1 (4628)
1384167 2014-09-18 08:44:00 I don’t know what some of these pricks are smoking, but I want some otherwise I’ll never keep up! :groan: B.M. (505)
1384168 2014-09-18 09:30:00 I Know....Lets have a tax cut...that'll fix it. ruup (1827)
1384169 2014-09-18 09:54:00 I Know....Lets have a tax cut...that'll fix it.

That is an absolutely brilliant idea ! I like it ! ACT want to reduce business tax to 17% thereby greatly increasing the profits for foreign owned companies and the outflow of money, about doubling the current account deficit. Just imagine all the good news that would result in.

Ok then, as Reginald Gardiner said..."back to the looney bin":groan:

EDIT: for pcuser42, www.youtube.com the classic 'Trains' from 1934
Terry Porritt (14)
1384170 2014-09-18 19:44:00 Yeah....sigh.
And imagine if we did that.
Hmmm, income is a bit lacking, bills are more - I'll sell the bedroom suite.
Right, done that, now I'll sell the fridge.
And the TV, and the lounge suite, and the oven and .....
pctek (84)
1384171 2014-09-18 20:09:00 Yeah....sigh.
And imagine if we did that.
Hmmm, income is a bit lacking, bills are more - I'll sell the bedroom suite.
Right, done that, now I'll sell the fridge.
And the TV, and the lounge suite, and the oven and .....
Sorry, you haven't been paying attention. The way it is done by the Keyteam is to sell your employer's stuff, not your own. Remember that your employers (AKA voters in the Keyteam case) are pretty gullible and will swallow almost anything and anyway, this is the standard process for keeping things cosily confidential (www.nzherald.co.nz).
R2x1 (4628)
1384172 2014-09-18 20:52:00 Sorry, you haven't been paying attention. The way it is done by the Keyteam is to sell your employer's stuff, not your own. Remember that your employers (AKA voters in the Keyteam case) are pretty gullible and will swallow almost anything and anyway, this is the standard process for keeping things cosily confidential (www.nzherald.co.nz).

And HERE (www.nzherald.co.nz)

Another sad indictment on the incumbent. :groan:
B.M. (505)
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