WHERE WOULD NEW ZEALAND BE NOW IF THE TREATY PRICIPLES BILL HAD BEEN ADOPTED
MORE JOBS, LESS HOMELESS, EQUALITY FOR NON-MAORI ASSURED — CLEAR DIRECTION — WAITANGI TRIBUNAL REDUNDANT — WHAT WE MISSED OUT ON
The Principles of the Treaty of Waitangi Bill was officially voted down in its second reading on 10 April 2025 by a margin of 112 to 11. While proponents argued it would have established a “colorblind” democracy, its rejection preserved the existing legal framework of Treaty “principles” as defined by the courts and the Waitangi Tribunal.
From the perspective of those who supported the Bill, here is an editorial look at the “alternate reality” New Zealand might have occupied by April 2026 had the legislation passed into law.
The Road to “Equality” and Legal Certainty — Supporters envisioned the Bill as a constitutional “course correction” to stop what they termed “Treaty overreach”. If adopted, the Bill would have replaced decades of shifting judicial interpretations with three fixed statutory principles:
As a Unified Sovereign — Parliament would have absolute power to make laws for everyone, explicitly ending the “partnership” model where the Crown and iwi are viewed as equal political entities.
Equal Rights for All —By April 2026, many race-based policies—such as the former Māori Health Authority or specific co-governance requirements in local government—would likely have been dismantled or legally challenged based on the “Right to Equality” principle.
Finite Settlement Obligations: —Māori rights would have been strictly limited to those explicitly defined in historical settlements, preventing the “unbounded” expansion of rights through modern court rulings.
The Fiscal Argument: Savings or Stability — the fiscal impact of the Bill remains a point of deep contention. Proponents argued that adopting the Bill would have improved New Zealand’s fiscal position by reducing “race-based” spending and regulatory red tape.
Reduced Administrative Costs — Eliminating co-governance arrangements in sectors like water –3-Waters and Maori segregated health would, in this view, have streamlined the public service and reduced the cost of multi-layered bureaucracy.
Business and commerce management — some in the oil and gas industries, argued that clearly defined principles would have removed the “uncertainty” and “extra payments” often required when navigating Treaty obligations in resource management.
By defining Treaty rights through the lens of individual equality, the Crown might have avoided future financial obligations stemming from broader “unsettled” claims to natural resources like the marine and coastal area.
WHAT ARE THE LANDMINE TRICKS FOR 2026 —In this alternate timeline, New Zealand would currently be preparing for a binding nationwide referendum in late 2026 to confirm the Bill’s principles.
The focus of governance would have shifted from “equity” (targeted outcomes based on need and history) to “formal equality” (the same rules for everyone.
Government departments would likely be operating under strict directives to deliver services solely on the basis of need, rather than ancestry, theoretically reducing “waste” on race-specific initiatives.
So where are we at now — Maori Governance of all infrastructure is happening and Shane Jones, NZFirst is funding it on the taxpayer.
I wondered at the time why Winnie and Jones had voted against Acts bill instead of supporting to bring the brown gravy train to a halt. Are they here to help or hinder when it comes to stopping the gold plating for the bros?
NZF wanted all references to the treaty removed. Allowing references to treaty principles allows those principles to be changed in law – and the fact they’re in law in the first place is the problem.
I support the intent of Seymour’s bill, not the execution.
Maybe because there were no principles. The Treaty agreement was set back in 1840, and it is clearly laid out in black and white.
Winston is a lawyer and he knows the folly of trying to re-interpret and second guess old contracts. That is the game TPM and Maori activists are doing. No-one should be buying into their game.
NZF had their own version to overturn the marxist placement of the ‘principles’. Let us hope NZF bill will restore NZ society to the level playing field of one law for all.
This is exactly what nationalists in Sweden have been warning about since the 80s.
No one has listened until now, when it’s five minutes to twelve.
If massive deportations of millions of foreigners are not introduced, the whole of Europe will be engulfed in civil war for a hundred years
Every Irish person should watch this
It is like asking mid-flight if the pilot should walk away from the controls because you don’t like his flying. Who of competence is going to take over? A blonde trolley dolly?
You have to have a plan. Bishop has made it clear he does not want to be leader moving into the election, and that Luxon is the one.
They have lost it already!
They are just fighting about how much!
Keep Luxon and become the smallest of the collation party.
Replace him with who?
Whatcha national fold it’s tent and walkway.
chuck bird is a moron, yet another foreign clown who fled his countries fucked politics and insists on fucking ours even more.
if luxon is rolled that will gift nz a labour govt 100%.
changing a parties leader will not change everything thats wrong with them, its lipstick on a pig and the decline continues.
theres nothing bold or aspirational about nats, theyre boring/stale and just regurgitate the same mantra and tinkering habbits of yesteryear but with a woke incompetent team.
anyone sucumbing the the roll luxon cry has been suckered in and manipulated by the media, its too late and shouldve been done by mid-late last year. get over it, use your brain and look at the bigger picture and consequences of dumb actions clowns are calling for.
the options are very simple…
6mnths of bishop/stanford as pm + 3-6yrs of labour govt
6-8mnths of luxon and 3 more years of the coalition…. if winnie and seymour were smart they would insist luxon goes in negotiations, if winnie does well he should insist 18mnths of pm which will give nats an out.
Stanford is working on law for age restrictions to access social media which means everyone will have to prove they’re over 16. Control, Control, Control !!! NO! 😡
FFS, all these people are midgets in today’s world. Line them all up and none of them ae more than4 ft 6 and shout to be heard. We need someone upstanding with a presence and Mana.
That’s what I was thinking. This is all just a media beat up, who would want to be at the helm of a sinking ship? You’re only hope of survival would be Winston throwing you the worlds most expensive life ring which will probably be filled with explosives.
Larry Ellison just asked the one question no journalist on Earth can answer.
A Wall Street Journal writer told Ellison to his face that Elon Musk doesn’t know what he’s doing.
Ellison didn’t argue. Didn’t get emotional. He just asked a question.
Ellison: “This guy is landing rockets on robot drone rafts in the ocean, and you’re saying he doesn’t know what he’s doing. You ever land a rocket?”
One question. No recovery.
Ellison: “Who are you? Why should I believe you as opposed to my friend Elon?”
This is the question the entire media class has been dodging for a decade. Who are you to judge? What have you built? What have you shipped? What problem have you solved that didn’t involve a keyboard and a deadline?
Ellison: “You’re there in front of your Apple Macintosh typing up an article saying Elon’s an idiot.”
They sit behind a laptop they did not engineer. Using a network they did not build. Running on silicon they cannot explain. To tell the world that the man sending humans to space doesn’t know what he’s doing.
They have never built anything heavier than a Word document.
And they publish it with absolute certainty.
That’s the part that should disturb you. Not the criticism. The confidence behind it. The total absence of self-awareness it takes to judge disciplines you wouldn’t last a single semester in.
Musk does not operate in opinion. He operates in the physical layer of the universe where the math closes or the rocket does not come home.
His critics operate in a text editor.
He built the vehicle that carries NASA astronauts to the International Space Station. The satellite constellation delivering internet to active war zones. The EV that forced every automaker on Earth to abandon their combustion roadmap.
His loudest critics built a byline.
So why the coordinated hatred?
Because they lost the leash.
The attacks didn’t escalate because Musk got worse at engineering. They escalated because he bought X. He cracked open the algorithm. He handed the public square back to the people. And he shattered their ability to control what you’re allowed to think.
They don’t hate the engineer.
They hate that the engineer took their monopoly.
You cannot cancel a rocket. You cannot publish a hit piece on gravity. You cannot edit the laws of physics.
On Friday I read a news snippet from somewhere to the effect that trust in NZ media had improved during the past year & my immediate reaction was ‘why?’.
#. “Two reasons suggested for trust in news slumping between 2020 and 2024 were too much opinion in the media – and unreliable stuff circulating on social media.”
Anyone who gets their news via Facebook is mentally unbalanced & in any case the personal opinions of Joe Citizen should never need to be compared with what we expect from ‘professional’ career journalists.
This morning’s RCR Bites offers a valid reason for the difference in trust in MSM between YSB readers & the unwashed.
#. “The report also shows trust is sharply divided along political lines. Voters for Labour and the Greens are far more likely to trust the media, while ACT and New Zealand First voters are far more likely not to. The headline figure is therefore an average that masks a much deeper divide. “
I see Plunket is back in hospital. Must be all those covid boosters doing their job. Couldn’t happen to a bigger piece of shit.
I can still hear him saying on his show that all the unvaccinated could just go away and die. Isn’t Karma great.
I see some idiot journalist asking Genter if it is to do with Climate Change. Obviously doesn’t know much history —the Wahine disaster/storm was on April 10 –58 years ago.
This language is beyond a piss take. Everything is now “life threatening”, “unprecedented”, “storms barreling in” “urged to flee” “battered”. FFS How about some objective un emotional reporting?
The intent is to create fear, since ‘Fear’ enables a ‘Kind and caring (///)’ Government to step in and ‘rescue’ the ‘Fearful’, with the grateful ‘fearful’ then willingly placing themselves under government ‘protection (aka ‘Control) for their own safety and good.
No government on the planet will ever pass-up the request from their own citizens to implement CONTROL over them.
We were much less dramatic in 1968. It was two storm systems, one from the north and one from the south colliding over NZ. Obviously the “Railways” didn’t panic like today and kept the ferries running across Cook Strait. Not much ‘elf and safety’ concerns back then.
It was an era of measured risk vs reward & personal responsibility. Many of those who had to abandon ship owed their lives to a flotilla of fishing vessels & private boats who voluntarily went out in atrocious conditions to do whatever they could do. Ditto for those landbased rescuers on the eastern side of the harbour.
Were it to happen today the wankers from CD & every other authority would have blocked the roads with cones & watched people die. Just like what happened when White Island blew.
(The Waihine wasn’t a Railways ship. It was owned by the Union Company & plied the Lyttelton/Wellington route).
But the years do strange things to your memory. Events that occurred six decades back are there crystal clear & in 3D. What you had for breakfast…..less so!
Raf Manji says ‘the Trump Shock’ has exposed a structural gap in the global financial architecture and China is the only country with the capacity to help fill these gaps y Raf Manji*
The current challenges to the established financial architecture are not unique to this moment in time, but rather a cycle that has repeated itself throughout history. The question facing us today is what form will the system take when the chips finally settle?
Trade, finance, and war have always travelled together. The Dutch East India Company issued the world’s first shares and maintained a standing army. The British East India Company began as a trading monopoly and became the instrument of imperial expansion across Asia.
When Britain tried to force the American colonies to bear the cost of their own military defence through the Currency, Stamp, and Sugar Acts of the 1760s, banning colonial paper money and imposing monetary dependence on London, the result was revolution. The first successful challenge to a dominant power’s monetary hegemony was not fought with financial instruments. It was fought with muskets.
That pattern of dominant powers extracting monetary privilege and challengers building alternative institutions has repeated itself across three centuries. We are living through its latest iteration.
More;
WHERE WOULD NEW ZEALAND BE NOW IF THE TREATY PRICIPLES BILL HAD BEEN ADOPTED
MORE JOBS, LESS HOMELESS, EQUALITY FOR NON-MAORI ASSURED — CLEAR DIRECTION — WAITANGI TRIBUNAL REDUNDANT — WHAT WE MISSED OUT ON
The Principles of the Treaty of Waitangi Bill was officially voted down in its second reading on 10 April 2025 by a margin of 112 to 11. While proponents argued it would have established a “colorblind” democracy, its rejection preserved the existing legal framework of Treaty “principles” as defined by the courts and the Waitangi Tribunal.
From the perspective of those who supported the Bill, here is an editorial look at the “alternate reality” New Zealand might have occupied by April 2026 had the legislation passed into law.
The Road to “Equality” and Legal Certainty — Supporters envisioned the Bill as a constitutional “course correction” to stop what they termed “Treaty overreach”. If adopted, the Bill would have replaced decades of shifting judicial interpretations with three fixed statutory principles:
As a Unified Sovereign — Parliament would have absolute power to make laws for everyone, explicitly ending the “partnership” model where the Crown and iwi are viewed as equal political entities.
Equal Rights for All —By April 2026, many race-based policies—such as the former Māori Health Authority or specific co-governance requirements in local government—would likely have been dismantled or legally challenged based on the “Right to Equality” principle.
Finite Settlement Obligations: —Māori rights would have been strictly limited to those explicitly defined in historical settlements, preventing the “unbounded” expansion of rights through modern court rulings.
The Fiscal Argument: Savings or Stability — the fiscal impact of the Bill remains a point of deep contention. Proponents argued that adopting the Bill would have improved New Zealand’s fiscal position by reducing “race-based” spending and regulatory red tape.
Reduced Administrative Costs — Eliminating co-governance arrangements in sectors like water –3-Waters and Maori segregated health would, in this view, have streamlined the public service and reduced the cost of multi-layered bureaucracy.
Business and commerce management — some in the oil and gas industries, argued that clearly defined principles would have removed the “uncertainty” and “extra payments” often required when navigating Treaty obligations in resource management.
By defining Treaty rights through the lens of individual equality, the Crown might have avoided future financial obligations stemming from broader “unsettled” claims to natural resources like the marine and coastal area.
WHAT ARE THE LANDMINE TRICKS FOR 2026 —In this alternate timeline, New Zealand would currently be preparing for a binding nationwide referendum in late 2026 to confirm the Bill’s principles.
The focus of governance would have shifted from “equity” (targeted outcomes based on need and history) to “formal equality” (the same rules for everyone.
Government departments would likely be operating under strict directives to deliver services solely on the basis of need, rather than ancestry, theoretically reducing “waste” on race-specific initiatives.
So where are we at now — Maori Governance of all infrastructure is happening and Shane Jones, NZFirst is funding it on the taxpayer.
SCRATCH THAT – NOW 2027 – BILL REVISIT?
I wondered at the time why Winnie and Jones had voted against Acts bill instead of supporting to bring the brown gravy train to a halt. Are they here to help or hinder when it comes to stopping the gold plating for the bros?
NZF wanted all references to the treaty removed. Allowing references to treaty principles allows those principles to be changed in law – and the fact they’re in law in the first place is the problem.
I support the intent of Seymour’s bill, not the execution.
Well said.
Maybe because there were no principles. The Treaty agreement was set back in 1840, and it is clearly laid out in black and white.
Winston is a lawyer and he knows the folly of trying to re-interpret and second guess old contracts. That is the game TPM and Maori activists are doing. No-one should be buying into their game.
NZF had their own version to overturn the marxist placement of the ‘principles’. Let us hope NZF bill will restore NZ society to the level playing field of one law for all.
https://www.nzherald.co.nz/nz/politics/treaty-clause-review-government-quietly-agrees-to-amend-repeal-provisions-in-laws/JKS7YQV2UJFW3K56P4AZTUX454/?ct=YTo1OntzOjY6InNvdXJjZSI7YToyOntpOjA7czo1OiJlbWFpbCI7aToxO2k6MTUxODt9czo1OiJlbWFpbCI7aToxNTE4O3M6NDoic3RhdCI7czoyMjoiNjllNTFhYzRkYzVkNDM3NTUzOTEyOSI7czo0OiJsZWFkIjtzOjU6IjgwODY4IjtzOjc6ImNoYW5uZWwiO2E6MTp7czo1OiJlbWFpbCI7aToxNTE4O319
Thanks for the clarification/reminder.
No such thing as “The Principles”. Those 2 words were slotted in by the farking old cnut of a prick, Geoffrey Palmer wayyy back.
Yup. It was Palmer’s attempt to reverse engineer, and thus change the Treaty.
This is exactly what nationalists in Sweden have been warning about since the 80s.
No one has listened until now, when it’s five minutes to twelve.
If massive deportations of millions of foreigners are not introduced, the whole of Europe will be engulfed in civil war for a hundred years
Every Irish person should watch this
4.00 minutes in describes NZ. Fractionalization.
https://www.facebook.com/reel/1313696810673649
So interesting.
Describes our political and ethnic path.
Make the effort.
Share it around.
Should Luxon resign?
No. If they do, Nats will lose the election.
Who will replace him?
It is like asking mid-flight if the pilot should walk away from the controls because you don’t like his flying. Who of competence is going to take over? A blonde trolley dolly?
You have to have a plan. Bishop has made it clear he does not want to be leader moving into the election, and that Luxon is the one.
Yes. If not, the Nats will lose the election.
They have lost it already!
They are just fighting about how much!
Keep Luxon and become the smallest of the collation party.
Replace him with who?
Whatcha national fold it’s tent and walkway.
If they replace Luxon, they will also lose the election.
The disturbing possibility of a National-Labour coalition can not be ruled out.
My thoughts exactly.
And Chuck, which inspirational Leader from National is going to take this dullards place?
To ask that question Chuck, you should know the answer.
Mark Mitchell
His K9 would be a more engaging candidate. //
Hopefully, someone who is not a climate change alarmist.
Chuck, if you are suggesting Luxon should resign, you must have a detailed profile on every contender, their strengths and weaknesses.
Otherwise you are no different to the ginger whinger. Crticising without an alternative, finding fault to bolster your own ego.
chuck bird is a moron, yet another foreign clown who fled his countries fucked politics and insists on fucking ours even more.
if luxon is rolled that will gift nz a labour govt 100%.
changing a parties leader will not change everything thats wrong with them, its lipstick on a pig and the decline continues.
theres nothing bold or aspirational about nats, theyre boring/stale and just regurgitate the same mantra and tinkering habbits of yesteryear but with a woke incompetent team.
anyone sucumbing the the roll luxon cry has been suckered in and manipulated by the media, its too late and shouldve been done by mid-late last year. get over it, use your brain and look at the bigger picture and consequences of dumb actions clowns are calling for.
the options are very simple…
6mnths of bishop/stanford as pm + 3-6yrs of labour govt
6-8mnths of luxon and 3 more years of the coalition…. if winnie and seymour were smart they would insist luxon goes in negotiations, if winnie does well he should insist 18mnths of pm which will give nats an out.
agree with you again. good lord whats happening here?
Stanford is working on law for age restrictions to access social media which means everyone will have to prove they’re over 16. Control, Control, Control !!! NO! 😡
Well, that just about counts them all out.
Simeon?
You mean the little Catholic boy?
FFS, all these people are midgets in today’s world. Line them all up and none of them ae more than4 ft 6 and shout to be heard. We need someone upstanding with a presence and Mana.
Big balls, too!
Yes, but not now.
That’s what I was thinking. This is all just a media beat up, who would want to be at the helm of a sinking ship? You’re only hope of survival would be Winston throwing you the worlds most expensive life ring which will probably be filled with explosives.
As the saying goes, Nobody applies for the captain’s job of the Titanic once its hit the iceberg.
Larry Ellison just asked the one question no journalist on Earth can answer.
A Wall Street Journal writer told Ellison to his face that Elon Musk doesn’t know what he’s doing.
Ellison didn’t argue. Didn’t get emotional. He just asked a question.
Ellison: “This guy is landing rockets on robot drone rafts in the ocean, and you’re saying he doesn’t know what he’s doing. You ever land a rocket?”
One question. No recovery.
Ellison: “Who are you? Why should I believe you as opposed to my friend Elon?”
This is the question the entire media class has been dodging for a decade. Who are you to judge? What have you built? What have you shipped? What problem have you solved that didn’t involve a keyboard and a deadline?
Ellison: “You’re there in front of your Apple Macintosh typing up an article saying Elon’s an idiot.”
They sit behind a laptop they did not engineer. Using a network they did not build. Running on silicon they cannot explain. To tell the world that the man sending humans to space doesn’t know what he’s doing.
They have never built anything heavier than a Word document.
And they publish it with absolute certainty.
That’s the part that should disturb you. Not the criticism. The confidence behind it. The total absence of self-awareness it takes to judge disciplines you wouldn’t last a single semester in.
Musk does not operate in opinion. He operates in the physical layer of the universe where the math closes or the rocket does not come home.
His critics operate in a text editor.
He built the vehicle that carries NASA astronauts to the International Space Station. The satellite constellation delivering internet to active war zones. The EV that forced every automaker on Earth to abandon their combustion roadmap.
His loudest critics built a byline.
So why the coordinated hatred?
Because they lost the leash.
The attacks didn’t escalate because Musk got worse at engineering. They escalated because he bought X. He cracked open the algorithm. He handed the public square back to the people. And he shattered their ability to control what you’re allowed to think.
They don’t hate the engineer.
They hate that the engineer took their monopoly.
You cannot cancel a rocket. You cannot publish a hit piece on gravity. You cannot edit the laws of physics.
They own the syntax.
He owns the physics.
One of them is going to Mars.
Well said.
If you only watch one video this week make it this one. Pay particular attention to the bit about New Zealand around minute 7:35
https://www.youtube.com/watch?v=pfkJgpqHyrY
I wrote an eleven part series on the cultification of the public sector.
Interestingly enough, James Burnham predicted it many decades ago.
https://nominister.wordpress.com/2026/04/19/the-managerial-revolution-burnhams-prophecy-and-the-bureaucratic-priesthood/
Yep. It shows the truth. If we ever went to war………
On Friday I read a news snippet from somewhere to the effect that trust in NZ media had improved during the past year & my immediate reaction was ‘why?’.
The announcement was made on the back of the annual report on trust in the news produced by the AUT’s Centre for Journalism, Media and Democracy (JMAD). The subject is covered at https://www.rnz.co.nz/news/business/592383/new-zealanders-trust-in-news-is-up-after-years-of-slumps & surprisingly Red Radio tops the poll followed by the ODT & TVNZ.
#. “Two reasons suggested for trust in news slumping between 2020 and 2024 were too much opinion in the media – and unreliable stuff circulating on social media.”
Anyone who gets their news via Facebook is mentally unbalanced & in any case the personal opinions of Joe Citizen should never need to be compared with what we expect from ‘professional’ career journalists.
This morning’s RCR Bites offers a valid reason for the difference in trust in MSM between YSB readers & the unwashed.
#. “The report also shows trust is sharply divided along political lines. Voters for Labour and the Greens are far more likely to trust the media, while ACT and New Zealand First voters are far more likely not to. The headline figure is therefore an average that masks a much deeper divide. “
I see Plunket is back in hospital. Must be all those covid boosters doing their job. Couldn’t happen to a bigger piece of shit.
I can still hear him saying on his show that all the unvaccinated could just go away and die. Isn’t Karma great.
He waa a plonker on Covid but he does a lot of good in general, IMO.
It’s probably stress caused by those cunts at the BSA that’s put him in hospital.
OOh, hope its serious. I don’t hope he dies, that’s a bit iffy, but, please let this be a vax injury…..
“Wellington residents urged to flee low-lying areas”
I didn’t know there were any.
I see some idiot journalist asking Genter if it is to do with Climate Change. Obviously doesn’t know much history —the Wahine disaster/storm was on April 10 –58 years ago.
This language is beyond a piss take. Everything is now “life threatening”, “unprecedented”, “storms barreling in” “urged to flee” “battered”. FFS How about some objective un emotional reporting?
rol
The intent is to create fear, since ‘Fear’ enables a ‘Kind and caring (///)’ Government to step in and ‘rescue’ the ‘Fearful’, with the grateful ‘fearful’ then willingly placing themselves under government ‘protection (aka ‘Control) for their own safety and good.
No government on the planet will ever pass-up the request from their own citizens to implement CONTROL over them.
We were much less dramatic in 1968. It was two storm systems, one from the north and one from the south colliding over NZ. Obviously the “Railways” didn’t panic like today and kept the ferries running across Cook Strait. Not much ‘elf and safety’ concerns back then.
It was an era of measured risk vs reward & personal responsibility. Many of those who had to abandon ship owed their lives to a flotilla of fishing vessels & private boats who voluntarily went out in atrocious conditions to do whatever they could do. Ditto for those landbased rescuers on the eastern side of the harbour.
Were it to happen today the wankers from CD & every other authority would have blocked the roads with cones & watched people die. Just like what happened when White Island blew.
(The Waihine wasn’t a Railways ship. It was owned by the Union Company & plied the Lyttelton/Wellington route).
You’re quite right Nasska with you being much older and wiser at the time. I was only 8years old so forgive me for a few mis-steps in my memory. 🙂
I feel skewered! 🙂
But the years do strange things to your memory. Events that occurred six decades back are there crystal clear & in 3D. What you had for breakfast…..less so!
Memory challenges comes to us all eventually. Ysb is richer for your clear memories of our ‘ancient history’🤩
nasska
‘It’s all in the mind, y’know…’
I can accept a slight decline & live with it. The breakfast menu wasn’t all that important in the scheme of things.
It’s V2 we have to worry about. I’ve watched him staggering around the blogosphere for about fifteen years & he’s finally fallen off the cliff! 🙂
That’s an admission. The big D is coming your way.
Yes, Vitamin D is very effective for retaining receding memory.
Lol
He will need a truckload daily to fix his mind.
I don’t know about low lying areas but there’s plenty of low lifes particularly around the beehive.
Luxon is currently in a press conference and they’re ripping him to shreds. It’s a cringefest.
Raf Manji says ‘the Trump Shock’ has exposed a structural gap in the global financial architecture and China is the only country with the capacity to help fill these gaps
y Raf Manji*
The current challenges to the established financial architecture are not unique to this moment in time, but rather a cycle that has repeated itself throughout history. The question facing us today is what form will the system take when the chips finally settle?
Trade, finance, and war have always travelled together. The Dutch East India Company issued the world’s first shares and maintained a standing army. The British East India Company began as a trading monopoly and became the instrument of imperial expansion across Asia.
When Britain tried to force the American colonies to bear the cost of their own military defence through the Currency, Stamp, and Sugar Acts of the 1760s, banning colonial paper money and imposing monetary dependence on London, the result was revolution. The first successful challenge to a dominant power’s monetary hegemony was not fought with financial instruments. It was fought with muskets.
That pattern of dominant powers extracting monetary privilege and challengers building alternative institutions has repeated itself across three centuries. We are living through its latest iteration.
More;
The architecture that shaped 80 years
In August 1944, as World War II ground towards its conclusion, economists and finance ministers gathered at Bretton Woods, New Hampshire, to design a new global financial order.
https://www.interest.co.nz/banking/138138/raf-manji-says-trump-shock-has-exposed-structural-gap-global-financial-architecture
Sky News on the 49 ers meeting.
https://www.facebook.com/reel/1426245962852127
Starmer in full flight.
A spoof of epic proportions.
Obama and co in deep shit at last.
https://www.facebook.com/reel/2439584606462694
A new Air NZ cabin video.
https://www.facebook.com/reel/3830844137223937
Two for the price
https://www.youtube.com/watch?v=FMEjBHHK8Lk
Hey NZ Green Party: Fancy Some Freebie Shopping?
WhangareiTim
Good Riddance NZ Green Party!