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Globalists don't like NZ's "discrimination ", page-4

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jambo12

20,211 Posts.

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23/04/18

14:58

Post #: 32631361
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Originally posted by alonso ↑

The Overseas Investment Act is designed to help cool NZs runaway house prices (faster than Oz or UK) by putting strict controls on non-resident buyers (something that should have been done here many years ago). The housing shortage for locals is apparently desperate.

But the IMF thinks this measure is discriminatory and advances a cartload of economic effluent to support its opinion that other fiscal measures could do the job.

However we all know, or should know, that the IMF is a branch office of Globalism Inc and what they REALLY don't like is a whiff of economic nationalism and national sovereignty blowing in from the South Seas, especially from a supposedly progressive Labor govt.

Will the NZ govt buckle?

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Naughty Kiwis with their budget surpluses and low govt spending.
Luckily Australia has a good Goldman Sachs boy throwing money at everybody and is now over half a trillion in the hole. Good job Mal, keep the vampire squid well fed.
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