I think that NZ should use exactly the same rules as what Aussi does regarding land ownership, immigration etc....NZ is way behind in so many ways.

Foriegn land ownership should be strictly limited  ditto company ownership...all that happens is the profit is sucked out of NZ

I am turning in my grave

The foreign land ownership ( The silent war ) needs to be stopped over night, enougth talk just do it.

John Keys a nice guy but really needs to show some true leadership. That goes for the other Parties as well

Whats happining is so disrespectfull to all the great New Zealanders that have fought for this country and others over many generations.

It makes me sick when these politians go to a War Service

Buy gold, plant veges. Ambrose is scary again

http://www.telegraph.co.uk/finance/economics/7912936/World-splits-in-two-as-East-tightens-while-West-stays-super-loose.html 

 "Key said he was worried about New Zealanders becoming tenants in their own land"...bullshit John...they already are either tenants or serfs to the thieving banks.

Now you're getting warm anon, those farms go to the Chinese and it's worth 10%+ of the vote to Winston. Not going to happen.

Its madness to sell our land to foreigners however its hypocritical of me to say that seeing as my ancestors came from Europe 150 years ago colonised this country and bought land from the Maori in exchange for blankets and buttons.

Here we are in 2010 selling land to foreigners so we can buy new cars and flat sceen TVs.

Heard a novel approach today ,where John Key gets foreigners to buy up NZ large and then gets his coalition partners in the Maori Party to insist on a Tof W claim and confiscate the lot back .

A website dedicated to talking down property. Quite pathetic really.

I have good internet at last.Found this,one of the comments on an AEP article.

BazzaMcKenzie

Today 12:04 AM

Recommended by
17 people

Ambrose, you are right to identify the continuation of economic deterioration but you are confusing deflation with depression. Deflation is not itself a problem, depression is, and that is what Western government and central banks have inflicted on the world.

Without continuous expansion of fiat currency, deflation would be the norm in a healthy economy. The reason is simply that industry without government intervention makes continuous gains in productivity and that leads to continuous widespread price reduction. That is deflation.

We have had government, central banks, and even yourself Ambrose, telling us this would be a calamity because everyone would then stop buying. That of course is nonsense.

Look at the whole computer and electronic industry. For decades, everyone has known that the price of a computer or a TV or any number of other electronic goods would be less in a few months than the current price. Did that stop demand? Of course not, we have bought enormous volumes.

Does anyone imagine that if the price of food was falling regularly people would stop eating, or if the price of fuel and cars were falling progressively we would stop buying cars and driving?

Certainly deflation rather than inflation would produce some differences in behavior within economies, in particular a concentration on production, and especially efficient production, rather than speculation. How terrible would that be?

The reason we have long become used to inflation rather than deflation is that inflation is endemic because of currency printing by central banks. Every note or coin of fiat currency produced by a central bank is a tax, of equivalent amount, on the rest of the community, imposed by devaluing all existing currency proportionately, ie inflation.

That is the reason central banks almost always report annual profits. They have a license to steal and declare it as legitimate income. They are deathly afraid of deflation since there would be absolutely no basis for printing more currency and they would go broke. Oh shame! That would be terrible.

Central banks typically pass their surplus profits to national governments, so the latter also have a vested interest in inflation.

This process of continuous creeping taxation, together with more overt taxation, irreversible growth in government regulation and the encouragement of speculation by everyone induced by government sponsored inflation, has destroyed most of the real productive capacity in western nations and made mendicants of a huge proportion of the population.

That is the cause of the depression we are now suffering. The figures you quote are indications of depression not of deflation.

And yes, during depression there can be deflation because demand drops below production, just as there can also be inflation as production drops below demand.

Pushing out more fiat currency to allegedly counteract "deflation" will not restore productive capacity to the economy. In fact, since it is a further huge tax on those holding currency now or in the future, it deters investment and growth. It guarantees continuation of a depression.

The world is in the early years of a depression manufactured in Washington, New York, London, Paris, Bonn, etc.

Wow, very very well said.  Sums up my thoughts perfectly.