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> One good rule of thumb is that whenever people are blaming foreigners for their problems, they're wrong. The current trend is that people from nations that
by tux2bsd 4y ago
> One good rule of thumb is that whenever people are blaming foreigners for their problems, they're wrong.
The current trend is that people from nations that were colonisers are the cause of, and are responsible for, the woes of descendants of colonised peoples. It's good to see that you can see through the bullshit too.
There are only select groups that can invest in property, they must reach the baseline investment sum and ongoing payback before they can play the game. Having unchecked offshore ownership is massively damaging to the local people, it raises the bar all that much more. Offshore control of property can easily be weaponised, where it's not about investment but instead about legal denial of property to the locals.
NZ suffers from some of this.
- vore 4y ago> The current trend is that people from nations that were colonisers are the cause of, and are responsible for, the woes of descendants of colonised peoples. It's good to see that you can see through the bullshit too. What? I don't think that's what the OP is saying at all? If the descendants of colonizers and the colonized peoples have been living in the same country for centuries, what does this have to do with foreign investment in local assets?
- tux2bsd 4y agohttps://news.ycombinator.com/item?id=34224702 https://news.ycombinator.com/item?id=34224702 Feel free to point out where he didn't make two distinct statements. > If the descendants of colonizers and the colonized peoples have been living in the same country for centuries... Good to see we're on the same page. > ...what does this have to do with foreign investment in local assets? Perhaps you missed the rest of my comment.
- tjpnz 4y ago>Offshore control of property can easily be weaponised, where it's not about investment but instead about legal denial of property to the locals. >NZ suffers from some of this. Given all of the geopolitical problems China's creating now that was absolutely the right call. Of course the country's still massively exposed with more than 30% of the economy built on trade with China. We've effectively handed an authoritarian regime a button which when pushed will trigger the outright destruction of our economy, and there aren't any politicians in parliament with the intelligence or foresight to see why that's a problem.
- tux2bsd 4y agoYour comment is grey, I think that means you're guilty of wrongspeak. They simply can't just let a comment be a comment... they must suppress speech.