tag:blogger.com,1999:blog-3753486518085091399.post1730973750202323999..comments2024-03-29T17:12:19.648+13:00Comments on Bowalley Road: A Very Lucky Escape.Chris Trotterhttp://www.blogger.com/profile/09081613281183460899noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3753486518085091399.post-41848794687148255562017-11-17T06:31:53.877+13:002017-11-17T06:31:53.877+13:00David is correct.
All those overseas goods that NZ...David is correct.<br />All those overseas goods that NZers expect are paid for by foreign exchange not GDP. About a third of every wide screen TV is from dairy products. <br />It is inconvenient facts like this that need to be reiterated every time people use the "farming is only xx% of our GDP. Chris Morrisnoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-3143270176352290182017-11-16T17:08:02.252+13:002017-11-16T17:08:02.252+13:00Grey W
I think the comparison of export earni...Grey W<br /><br /> I think the comparison of export earnings to GDP can be very misleading. The GDP figure covers all transactions within NZ over a 12 month period. This adds every transaction together even though the value exchanged i.e. money, may circulate around the community (economy) dozens of times in a year as it facilitates one transaction after another. The year's export earnings are only counted once. Hence $60B odd could easily be all the value making up a GST of $180B , it would only have to rotate around the local economy 3 times. I expect most of it circulates much more frequently . That only 6.5% of GDP accrues to the sector that produces most of export earnings is hardly a statistic to beat farmers over the head with. Countryboy might argue that this shows the non farming sector consumes 93.5% of their earnings.<br /> Think of what you use and consume every day in your normal day to day living that has come from overseas, and how much was made here as you go through the day. That will give a better idea of what exporters provide than GDP figures.<br /> Cheers David J SDavid Stonenoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-86568585361669231592017-11-16T12:25:38.765+13:002017-11-16T12:25:38.765+13:00countryboy
It might be time for a spical unit with...countryboy<br />It might be time for a spical unit within farming to deal with small family farms, and assist if they want to amalgamate on buying equipment etc. And to cut down the foreign investors.<br /><br />Here are some figures:<br />New Zealand’s diverse market economy has a sizable service sector, accounting for 63% of all GDP activity in 2013.[17] <br />Large scale manufacturing industries include aluminium production, food processing, metal fabrication, wood and paper products. Mining, manufacturing, electricity, gas, water, and waste services accounted for 16.5% of GDP in 2013.[17] <br /><br /><b>The primary sector continues to dominate New Zealand’s exports, despite accounting for 6.5% of GDP in 2013.[17]</b><br /><br />(My note - most of our GDP is in the service sector, and primary sector exports dominate, in volume, but actually only earn 6.5% of GDP. So the country is being rorted by farmers telling us that they are the bulwarks of our economy. What effect would this low-income milk production have on our productivity figures?.)<br /><br />Other figures from Wikpedia table on right.<br />GDP US$186.4 billion (2017, PPP)[2] (conversion says NZ$268.72 billion)<br />Gross external debt<br />NZ$232.8 billion (100.7% of GDP) (FY 2014)[12]<br /><br />Exports NZ$61.722 billion (FY 2013)<br />Imports NZ$59.076 billion (FY 2013)[9]<br /><br />https://en.wikipedia.org/wiki/Economy_of_New_Zealand#.22Rock_star.22_economy<br /><br /><br />greywarblernoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-60525204408304087362017-11-15T20:51:48.828+13:002017-11-15T20:51:48.828+13:00You seem awfully pragmatic about our status as a t...You seem awfully pragmatic about our status as a trading nation and the need to engage now that repercussions are delivered to your doorstep. Fair? <br /><br />FritFrithttps://www.blogger.com/profile/13941806659984421091noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-51834381617202776282017-11-15T13:24:58.751+13:002017-11-15T13:24:58.751+13:00You write @ Chris Trotter
" The inescapable ...You write @ Chris Trotter<br /><br />" The inescapable truth confronting Ardern (as it has every one of her predecessors) is that this country’s status as a first-world nation is inescapably contingent upon earning sufficient overseas currency to import the sort of lifestyle to which most Kiwis believe themselves entitled." <br /><br />And what do we 'export'? <br />Tourists?<br />New tech'?<br />Views?<br />Puffs of fresh air?<br />Hills and valleys?<br /><br />If you're reading this and you're in doubt let me enlighten you. <br />We.Export.Food. <br />Sure, there's wool too and timbers and arguably our best minds but what we export most and in abundance is FOOD. <br />Who will soon be in dire need of 'foods' soon? Humans living cheek by jowl in polite cities, that’s who. Never mind the poor hapless bastards well used to starvation and misery. They don’t have any money anyway. They just have to rely upon our good human nature ... like Big Jizz brownlee can offer Bahahahaha ahah aha aha ahahhahahaha aha a a a a a a a ahahhahaah..... Can’t breath, can’t breath..... <br /><br />I mean, really. It’s fucking obvious isn’t it?<br />So why does Jacinda never mention the beastly NZ farmer and their legendary reputation for high-volume, high-end food production? She just left them to flounder in Blue toxins squirted out by Natzo’s every time they lift their leg? <br />Even your erudite , to the country born, self can’t quite cough up the Farmer Earns The Export Revenue hairball you, yourself mention above! Hilarious ! <br />You just leave the NZ farmer to be parasitised by the Natzo’s and any political opposition to that is voiceless and invisible. Truly hilarious. <br />Adern wants to revolutionise NZ / Aotearoa? Go get the Farmer away from the dreaded Natzo’s. It’s easy too. Just offer up a plan which leads to financial security, and give them immunity from foreign owned bank swindlers. Then? Then you will see a new dawn in NZ. A truly, profoundly quite good future. <br />Until then? We’re fucked. Unless, of course, someone invents a new tech that means the end of the need to eat.<br /> iFull? A smart phone app that makes us believe we’re full as, and not about to die of starvation. countryboyhttps://www.blogger.com/profile/08906800965006947285noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-89928856138490732602017-11-14T22:31:40.243+13:002017-11-14T22:31:40.243+13:00Yes, some people just seem to attract luck. Isn...Yes, some people just seem to attract luck. Isn't NZ lucky to have such a lucky bunch running the show and with any luck the luck won't run out.<br /><br />On the other hand the 'Queens Gambit' is a classical opening chess move with predicable counter moves. I would say the PM and her Trade Minister have opted for a positional game. Smart move. <br /><br /> Katnoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-81592496308544695302017-11-14T18:17:11.112+13:002017-11-14T18:17:11.112+13:00Meanwhile, Jacinda has explained the position firs...Meanwhile, Jacinda has explained the position first had: https://www.facebook.com/jacindaardern/videos/10154837993337441/?hc_ref=ARSKi5laGrGrvGd-iKyLzdh2itIHgll-u6VHnsHN4BnHNq_34JWMK4kjDCLXNc5nwZo&pnref=story<br />Michael Smythehttps://www.blogger.com/profile/01355715663605253230noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-6283482291538917832017-11-14T16:28:31.979+13:002017-11-14T16:28:31.979+13:00Hi Chris
If the neoliberal settlement is ever...Hi Chris<br /> If the neoliberal settlement is ever going to be unsettled then "exporters, business leaders, bank economists, business journalists, media commentators, academic experts and the globalisation lobby" are going to be upset; and they are going to complain vociferously. If the fear of their disapproval is a barrier to acting against their perceived interests then it's never going to happen is it!<br /> This reads like your not expecting much change out of this government; "Fiscal responsibility" prevails. Neoliberalism lives on.<br /> The hope (Pollyanna strikes again) would be that they foresee the agreement failing without them having to be noticeably instrumental , and can give it all the time it wants to do that.<br /> When changes have been made to win Jane Kelsey's approval of the deal would be a good time to accept it.<br />Cheers David J S David Stonenoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-64855982520723774992017-11-14T11:42:33.502+13:002017-11-14T11:42:33.502+13:00I hope that an agreement can be made that is accep...I hope that an agreement can be made that is acceptable to the Greens and to New Zealand first, rather than relying on the vote from National to get it through. That would be a dead rat indeed. And do far more harm in the long run than making some acceptable changes.Guerilla Surgeonhttps://www.blogger.com/profile/03427876447124021423noreply@blogger.com