Stuart Mac

[Stuart Mac @StuartMacandrew]

@DavePSherry @The_Anglo_Saxon Muldoon was an interventionist and socialist, economically closest to the modern greens. Fixed currency rate, wage and price freezes, inflation uncontrolled, NZ superannuation. Muldoon was catastrophic. You are rewriting history.

[Stuart Mac @StuartMacandrew]

@PronouncedHare We could now employ 1700 taranaki people to hunt for truffles. The economic benefits would be much the same, as would the chances of finding any.

[Stuart Mac @StuartMacandrew]

@SandeChin @DavidFr51975598 Maybe. My NZ made Phillips K9 colour TV cost $2000 in 1980 - that's about $8000 in todays money. I would rather buy a Chinese TV now and use that money elsewhere. And so many of us thought the same all those industries that only relied on govt protection collapsed.

[Stuart Mac @StuartMacandrew]

@SandeChin @dissdisinfo Technically not made - just assembled from imported kits. But more relevantly, they were unaffordable for all but the very wealthy. South Korea makes NZ's entire annual car volume before morning tea in one day. How many new NZ made new cars did you actually buy?

[Stuart Mac @StuartMacandrew]

@berger_nicky @psycho_milt @PronouncedHare There is your problem. That is not how markets work. You can't pay on what bureaucrats determine is some average for NZ, you pay what is required for your location and situation to attract and retain staff.

[Stuart Mac @StuartMacandrew]

@ZooNealand When retirees go into residential care that is how it works.

[Stuart Mac @StuartMacandrew]

@Lejf_Lejf @Daffwena Ummm. We are supposed to be outraged at a small tax on millionaires.

Who should be taxed instead then?

[Stuart Mac @StuartMacandrew]

@homespacenz Well, they did spend $40M on the Awakino gorge road recently. So there is that.
https://t.co/HchxBU3djF

[Stuart Mac @StuartMacandrew]

@denaltb @mercoglianos @Microinteracti1 I don't understand. If 6 ships transitted through the strait of hormuz, but no ships were blockaded in the Gulf of Oman... where are the 6 ships now?

[Stuart Mac @StuartMacandrew]

@bradfitz76 @kingsolo4reall @elonmusk If they were not better, the US would not need to protect domestic competitors by lobbying the US government to bar them.

[Stuart Mac @StuartMacandrew]

@Paleo_Goat @mercoglianos @arqjmg @InaHassan3 @zhengheforum My point is the US has held international law in contempt. They have applied tariffs despite trade agreements. Sunk boats in the Caribbean. Threatened to annex Greenland. I could go on.

The US set the precedent and are now reaping what they sowed.

[Stuart Mac @StuartMacandrew]

@AbsorberTheGeek @admcollingwood Add to that the real possibility of economic collapse, gulf states have found out the US can't protect them, sanctions have been dropped on oil exports and Russia and Iran are raking in revenue, & Europe will now look to China as a stable partner. It's a catastrophic collapse.

[Stuart Mac @StuartMacandrew]

@matekosor @mercoglianos @SecRubio @SecretaryWright @SecScottBessent @SecDuffy Amphibious ships! There is no US naval ship within 1000 kilometers of the Persian gulf. This is just clutching at straws as if there was an option to escape defeat.

[Stuart Mac @StuartMacandrew]

@mercoglianos @arqjmg @InaHassan3 @zhengheforum But the US neither signed nor ratified UNCLOS. You can't be a rogue state ignoring international treaties and conventions, dismissing the UN ... and then quote a treaty neither the US nor Iran agreed to when on the receiving end. Appears "might is right" cuts both ways.

[Stuart Mac @StuartMacandrew]

@SeanPlunket Did you self fund this trip to Israel? I ask as Israel has cultivated sympathetic journalists in the past.
https://t.co/ikWwQaiDXH

[Stuart Mac @StuartMacandrew]

@PronouncedHare Their housing market - a 30 year fixation on unproductive assets. Strangled investment in innovation resulting in a slow productivity decline relative to US. Parallels to NZ.

[Stuart Mac @StuartMacandrew]

@jonoapteryx @SeanPlunket Exactly. And no barrier to any of these idiots setting up a new venture to risk - or inevitably lose - their own money in.

[Stuart Mac @StuartMacandrew]

@BenTopping17 @SeanPlunket Well. That refinery ran at a loss so fuel is now relatively cheaper as a result. So there is that.

[Stuart Mac @StuartMacandrew]

@TrevorH53038397 Resurrect think big. Just like that howling success of the synthetic fuel plant at motonui, but... with brown lignite coal. What could go wrong! I Trevor won't propose risking a single cent of his own money on this btw.

[Stuart Mac @StuartMacandrew]

@gumdigger Where do you think oil companies find the money to buy the petroleum at the higher price, that they will sell to you tomorrow? It's simple economics obvious to anyone who runs any business.