Cristina Deukett πŸ‡§πŸ‡§+πŸ‡·πŸ‡΄=πŸ‡³πŸ‡Ώ

@artyfarty87.bsky.social

I am an artist & a weirdo. My art portfolio: https://deukettart.wixsite.com/deukettart/gallery My Substack: https://substack.com/@artyfarty87?utm_source=user-menu

Actions speak much louder than polished campaign speeches. Stripping away hard-won rights, suppressing wage growth, and cutting thousands of jobs isn't "common sense" and it certainly isn't standing up for working people. #nzpol

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New loan drawdowns net of repayments - a measure of credit demand. For the avoidance of doubt, when that white line runs below zero for any period of time, that's a solid recession indicator. Our economy is credit fuelled. Can you see the start of big 2026 recovery? Faded before it got started, ay?

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I discuss Govt spending with reckonomists often (πŸ€“) I argue that the order of things absolutely has to be: > Spend then Tax They say it's: > Tax then Spend Eventually, after going round the houses (RBNZ blah)... they say it's all semantics anyway, and what does it matter. Oh it does! [🧡 1/n]

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resources to pay for the greed, bigotry, misogyny, and racism of the current US govt., OUR money poured into data centres, and American ideals that are NOT conducive to OUR way of life. Next step - fucking with our right to access the internet using our kids 'safety' as the excuse.

... we're paying for historic neglect of our infra (insurance, rates etc) and for the failure of successive Governments to tackle the rampant market power of our cartels. Govt could be spreading those infra costs over the next 50 years, but, nah, pay up or piss off over the ditch. [9/n]

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Regular reminder that Govt creates new money when it spends, and deletes money when it taxes. The spending has to come first. The more Govt spend, the more money we have to pay taxes (and the more resources are appropriated by Govt ofc).

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