Thread: Will COVID-19 change your purchasing decisions?

Originally Posted by Woody

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.

I mean, fair context and all, Comparitovely our government has been massivly restrictive and aggressive with the management of this shit. There is no magic wand anyone could have waved that would have stopped the economy crashing. Its been a bubble ripe to burst for the last while anyway.

For hunting and fishing gear support direct to consumer and non distributor models (55six, cactus etc as much as possible.) Competition benifits the consumer.

End of the day this will be like any other recession. Ride it out, start spending when you can and confidence will restore. Great time for whichever government we end up with to borrow and spend big on Infrastructure.