At this time, we've passed irony to the ultimate level of piss-take by Prime Ministers.
The Reserve Bank of New Zealand is the single most important entity in the entire country; it is responsible for ensuring our financial system works. If you think you could even buy a loaf of bread without money, then good for you, but for every other person living in this country, we need the financial system to work.
The board of the bank is highly politicised, being an arm of the government, and their job is to do the government's bidding.
What level of dishonesty does a Prime Minister have to be at before the Reserve Bank tells him he's fucking us up?
Yesterday, in a message straight from the desk of Captain Obvious, the RBNZ told Johnny Combover that immigration must be curbed because it's one of the main drivers of the housing bubble.
There's no chance the slimy little shit will allow that to happen, because migrants are the sole driver of the New Zealand economy right now. Growth of 2.9% and migration of 2.6% says it all, and Key is simply lying through his teeth when he claims that returning Kiwis are the main driver of immigration or the housing bubble, because his own fucking department gives him the figures!
Of the 80,000 long-term arrivals to NZ in the past year, less than half - around 25-28,000 people were Kiwis returning from overseas, the majority (18-20,000) from Australia.
I work with a lot of these people who return from Aussie, and the vast majority of them are people who went over to chase big dollars in the mining boom and they're now back. These people are living ten to a house in Otara, not buying $1,000,000 median-priced homes.
The housing bubble is being driven by rich Asians, who don't care how much they pay because it's a pittance, and Kiwi investors playing Property Ponzi.
Yet again, Key displays two important traits:
He is a lying sack of shit
He has no regard for anything other than the elite
Yet, I have very, very short odds that the apathetic, ignorant and selfish sectors of society will allow him to become a 4-term PM next year.
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