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Thread: Will COVID-19 change your purchasing decisions?

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  1. #11
    Member
    Join Date
    Jun 2014
    Location
    CNI
    Posts
    5,992
    Yes. If a family had managed to save NZ$100,000 as at January 2020 it would have been worth about US$90,000 (The major international trading currency).
    Today our NZ$100,000 is devalued to approx US$60,000; so our NZ family has lost 40% of its tradeable equity almost overnight. On top of that we are goung into a massive national debt because the COL failed to shut out the covid19 by decisive decisionmakung action. The opposition too, and the "expert" economists failed to scream "DANGER" loudly and quickly enough.
    I hope the gullible NZ state dependents now created will demand accountability from the mutts that have sold us into servitude.
    outlander and sightpicture like this.
    Summer grass
    Of stalwart warriors splendid dreams
    the aftermath.

    Matsuo Basho.

 

 

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