Tag Archives: reserve bank

The Nats have Sold Out NZ with a half-trillion-dollar debt

Thanks Key, you have us right exactly (in my opinion) where  you wanted us. For starters we figure you’re profiting from this debt. For seconds we are now ripe for New World Order one world government given the borrower is slave to the lender. Forty two thousand beleaguered people without a roof over their heads. Children in poverty & our teens committing suicide. Beats me how you all have the gall to display on your election ads… “a strong economy delivering for NZers” … what? …”one of the fastest growing economies in the developed world…?”
They are choosing not to notice of course the aforementioned child poverty, homelessness & teen suicide. Stats to be proud of? These people are delusional and think we are all mentally impaired. Key, the smiling assassin, has been replaced with a slightly friendlier looking version of himself, and second in charge, a woman who’s allegedly committed welfare fraud.  (Which you’ll likely never find out about now from the rumour I heard recently). They’re sailing on like nothing’s happened in spite of an eye witness, and meanwhile Metiria’s been dealt to for her comparatively minor misdemeanors. They are dismantling our sovereignty brick by brick. Wake up peoples. (The meme below is from the video showing you the various world leaders on the end game of their so called new world order).  Tie that in with the Agenda 21/2130 plans and it all fits very nicely. Same people. Their other Trojan horse into our respective sovereign nations aside from crippling debt, is the local district councils (sustainable development aka trash everything) which note are all also in obscene debt. My district $68-100 million. ‘No worries’ they tell us, the future generations are able to share in paying for everything.
EnvirowatchRangitikei
Copy of new w order from presidents.png
So read on about our humongous debt. 
New Zealand now owes almost half a trillion dollars in debt – and a growing chunk of it belongs to ordinary households, mainly borrowing to buy property. In the start of a week-long series Tamsyn Parker spells out the problem.

New Zealand is sitting on a half-a-trillion-dollar debt bomb and Kiwis are increasingly treating their houses like cash machines, piling on the debt as they watch the value of their properties soar.

Reserve Bank figures show household debt, excluding investment property, has risen 23 per cent in the past five years to $163.4 billion. Incomes have risen only 11.5 per cent.

Households are now carrying a debt level that is equivalent to 162 per cent of their annual disposable income – higher than the level reached before the global financial crisis.

READ MORE:
Experts fear downside of debt
NZ homes among most indebted

Including property investment the total debt households owed as of April was $232.9 billion, according to the Reserve Bank.

Satish Ranchhod, a senior economist at Westpac Bank, says the main driver has been low interest rates.

“Continued low interest rates have sparked a sharp increase in household borrowing at a time when income growth has been very modest.”

And it’s housing loans where the growth has mainly come from.

Housing loan debt has risen 23.4 per cent to $132.83 billion. Student loans were up 22.9 per cent to $14.84 billion and consumer loans are up 16.6 per cent to $15.7 billion.

READ MORE

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11651648

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Aussie land grab by Rabobank – this is Agenda 21/30 aka ‘Sustainable Development’ in full flight – learn about this UN plan to inventory & control literally everything – be warned

“…Agenda 21 is a UN  action plan implemented worldwide to inventory and control all land, all water, all minerals, all plants, all animals, all construction, all means of production, all energy, all education, all information, and all human beings in the world”  Rosa Koire

Here is an example of UN Agenda 21 and ‘sustainable development’ in action (now known as Agenda 2030 as time moves on). On the surface it looks legitimate … however as Rosa Koire points out (see her video, link further down) it is a covert plan to inventory and control everything you hold dear including yourself & your freedoms. Before you conveniently write this off as ‘conspiracy’, research it for yourself.

As this plan works out in this example (and there are many others like them) the cabal with their banking cohorts engage people with unrepayable predatory loans engineered with a mix of raised interest rates & other manipulative tactics until deep in debt they are driven off their land. While all due respect & sympathy goes out to these unsuspecting farmers (because they didn’t fully realize who and what they were up against with the banking system and their predatory loans) this is the treatment indigenous people, and particularly Australian indigenous, have endured for centuries. Content to live on the land, not rape and pillage it as do the corporations, and with great respect take from it only what they needed, they were trammeled underfoot in the name of ‘progress’ (aka greed of the few). The point is, the same greed for land by those who sought it in colonial days, goes on today & here it is in full flight (and I’m not referring to the average colonial folk back then who simply wanted to survive, oft times driven from their own lands by the same greed witness Scotland and Ireland). Read Who Owns the World? by Kevin Cahill (his lectures are also on Youtube) for an exposé on the deception we’ve been fed about that.

Our respective countries’ governments are corporations (NZ), our local governments are corporations/companies also and democracy is rapidly becoming an illusion witness the battles folk are having with their District Councils and rates wars. (See all our Local Govt Watch pages at the main menu). Companies exist for profits not people and are fast becoming the means of the new world order (talked about frequently now) to acquire ownership of the entire planet … ownership and control is the real agenda. Check out our Agenda 21 pages for more information on that and hear from others who have endured the same as these people here … from those who have seen this outworking in the paperwork of their respective businesses and professions like a US woman Rosa Koire did. See also our Banking pages. There’s an agenda going down that is covert but becoming more overt by the day. These bully boys have always employed the military & the long arm of the law to achieve what they could not by ‘friendliness’ and deception (see Dr Hirini Moko Mead on the *three phases of colonization). Witness the various land wars in the colonized countries, in our own (NZ), a means of acquiring land from non-sellers. Government legislated War &/or confiscation was the modus operandi. People need to wake up what is going down right under their noses. There is a new wave of land grabbing in progress right now.
For further information on this issue in Australia see this Youtube channel. And to read about the NZ man from whose bank account the ANZ took $5400 to pay his rates go here. (He withheld payment for good reason, read the full story here). See also our Corporations pages.

EnvirowatchRangitikei

*Landmarks, Visions and Bridges by Dr Hirini Moko Mead


Published on Feb 22, 2017

Netherlands-based bank Rabobank with the aid of an armada of government-paid enforcers arriving in government vehicles along with grubby receivers Ferrier Hodgson heavied Noeline Bradshaw and her son Neil to get off their cattle property, Ballabay north of Pentland. Noelene and Neil were arrested by several violent officers and marched off to the paddy wagon. Although the receivers and Rabobank representatives indicated they would go to the negotiating table after a court appearance on Thursday, in order to avoid a welcoming party at the property they did not arrive on Monday February 20 as they had indicated. Instead they arrived in military style on Wednesday, with enforcers blocking the entry road and threatening any media or supporters with arrest if they tried to enter. Ferrier Hodgson were supposed to remove the family on “voluntary terms” as they had suggested. It appears they did not wish to have any other parties present when removing the entire family. Neil Bradshaw owns cattle on the property that are not mortgaged to Rabobank. He previously circulated descriptions and brands of his cattle to all livestock agents and meatworks warning them not to deal with the cattle.
This sorry saga of a foreign bank dispossessing honest, hard-working Australians from their properties is completely sanctioned by the LNP and Labor Party. Bank industry sources believe Rabobank is acting in league with coal and gas companies to remove land holders in order to easily access known coal and gas reserves in the Pentland district.

“Rabobank will have token buyers lined up ready to buy the properties at discounted prices, leaving the Bradshaws holding the bag with a $1 million or more deficit, which without any means of income they will never be able to pay off,” the source said.

Yesterday Member for Kennedy Bob Katter weighed into this disgraceful episode, contacting the Labor Polce Minister(whose husband is a police inspector) then arriving at the Charters Towers police station to get the Bradshaws out of the watch house.
He was told the Bradshaws had been released just before he arrived. The clearly upset Bob Katter told Cairns News that the lending practices of the banks are designed to allow foreclosures.
“In this case the bank loaned the family too much money because of droughts and poor cattle prices then the government-instigated live cattle export ban which placed them in an unviable position,” he said. “The banks are a law unto themselves and there is no power on earth to control them. “I have got hundreds of similar cases on file where farmers have not been able to get any relief from any of the so-called government watchdogs like ACCC, courts, the Reserve Bank ASIC and others that are supposed to offer financially stressed businesses relief. “Banks like Rabobank continue to flagrantly break the law. “The Bradshaws are devastated after a lifetime’s work to lose their possessions to a foreign bank or any bank. “The bank will make a profit of half a million or more from these seizures and the Bradshaws will have to carry a $1 million or more debt for the rest of their lives. “This assault on an Australian farming family clearly demonstrates the urgent need for a Royal Commission into banking practices.”


Published on Feb 3, 2013

Ann Bressington Exposes Agenda 21, Club of Rome, Sustainable Development, at the Lord Monckton Launch 2 Feb 2013 at the Adelaide Convention Centre.

John Key The Teflon John: Part 1 Uncanny Ability

The link I referred to in a previous post about whether or not John Key is insider trading & profits from NZ’s indebtedness … well it’s been found (re named). Thanks to the author who spotted my Youtube comment about it. So here it is with a different title. Part two to come shortly also.
EnvirowatchRangitikei


 

The Greatest Currency Trades Ever Made No. 3: Andy Krieger Vs. the Kiwi

Whether by design, omission or a faulty memory John Key and Gavin Walker gave incorrect information when talking about John Key and Andrew Krieger’s relationship since 1988 was impossible they must have given incorrect information about the period in which this took place. John Key and Andrew Krieger can only have worked toegether in 1987 thus putting John Key firmly in the traders chair on the other side of the telephone line to the Bankers Trust New York were Andrew Krieger was giving orders in what was to be the biggest attack on the New Zealand currency putting tens of thousands of New Zealand jobs and incomes at risk.

http://aotearoaawiderperspective.com

In late 1987 Andrew Krieger attacked the New Zealand dollar. He earned for the Bankers Trust bank the sum of $ 338 million in just a few days. This attack was so threatening to the dollar and the economy that the then Governor of the Reserve bank had to call the Bankers Trust bank in New York to stop the attack.

As a Forex Trader John Key was the best it the business as this Video shows John has a uncanny ability.

READ THE FULL ARTICLE HERE: http://nzreport.co.nz/john-key-the-teflon-john-part-1uncanny-ability/

Did you know your money in a term deposit in a NZ bank is not guaranteed by your Government?

Remember people, this is your government (really a corporation) that just lost $200 million of your hard earned Kiwisaver funds to a collapsed Portuguese ‘fail safe’ bank! Do you really still trust them!  EnvirowatchRangitikei

By Bernard Hickey: interest.co.nz

Bernard Hickey says the quiet removal of the guarantee for Kiwibank savers should remind all savers about the lack of a deposit guarantee and prompt regulators and the industry to run a public education campaign about NZ”s lack of a deposit guarantee.

Did you know that your money in a term deposit in a bank is not guaranteed by the Government?

piggy-bank-967181_1280Those in the know are aware that there is no Government guarantee, but it turns out most regular people, and certainly most term depositors, either still think there’s a guarantee, or think there’s always has been one.

New Zealand briefly had a government guarantee for retail bank deposits from October 2008 to December 2011. It was introduced at the worst point in the Global Financial Crisis to stop a run of deposits across the Tasman to the banks’ parents in Australia, where the Kevin Rudd Government offered a guarantee for depositors there.

It was quietly dropped once global markets had settled down and was replaced by a system called ‘Open Bank Resolution’. This means there is no Government guarantee and if a bank was to fail, the Reserve Bank would shut it down and manage a capital restructure overnight so that it could re-open the next day. One way a bank’s capital could be restructured by the Reserve Bank is through a ‘hair-cut’ for depositors. Essentially, the Reserve Bank would slice a certain percentage – say 10% – off the value of term deposits to allow the bank to re-open with enough capital to survive.

READ MORE:

http://www.interest.co.nz/opinion/80951/bernard-hickey-says-quiet-removal-guarantee-kiwibank-savers-should-remind-all-savers