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Contact:
Foundation for Economic Growth,
P.O. Box 10-282,
Wellington, N.Z.
Email
The Foundation for Economic Growth is a group of like-minded individuals who have decided to act rather than accept New Zealand's continuing poor economic performance. The Foundation is not affiliated with any political party. Add Your Comments here.

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Most recent update: Sep 22nd, 2014 - 16:22:58

Newsletters : Current Newsletters : 22 September 2014
Thought for the Day

The politicians had their say. Then the people had their say and finally the media had their say.

It seems as if the people trust John Key and National to continue with the 'steady as she goes' policies.

This is just as well as there is no other way to pay off our debts and perhaps save something for a rainy day.

However our public sector is still too large and our private sector is still relatively small. The only way to really succeed in the times ahead is to reduce the size of government continually and allow more freedoms for entrepreneurs to just do their own thing. Having a large government department in charge of controlling private enterprise in the hope of making it successful is a recipe for the development of a 'Crony Capitalist' society. This is the society where the politically well connected get special treatment and end up with larger monopolistic enterprises which destroy any competition with rules and regulations provided by their friendly politicians.

The worst world of all is when these crony capitalists move into banking and get control over the national currency as they have in America. The Federal Reserve is now in control of most of the world currencies through their control over the IMF and the World Bank and the BIS. The people who control the Federal Reserve also have control over politicians, the military/industrial complex and all major news outlets.

This Orwellian vision is truly the beginning of Lord King's New World Order.

However, the Chinese and the Russians know this. So they are moving to establish their own New World Order. China and Russia are furiously turning their paper money into tons of gold which is the real wealth of the world. They know the golden rule of life - He who owns the gold, rules!

China has been resolutely developing commercial enterprises around the world and generally winning friends and influencing people. Slowly but surely the people of the world are beginning to see that America brings continual war and death and destruction while China brings new business opportunities and wealth for all. This is what they are saying in Africa.

Perhaps we will have two competing World Orders!

Will we have to choose one or the other?


Sep 22, 2014, 15:10