Interesting that the NZ Taxpayers Union is so concerned about public debt but seems completely unconcerned by private debt owed to overseas creditors. As economists like Ann Pettifor and Steven Keen are always pointing out, the private debt mountain makes public debt look like the molehill it is.
https://www.scoop.co.nz/stories/BU2007/S00311/hes-green-hes-hairy-and-hes-coming-for-your-kids.htm
He’s Green, He’s Hairy, And He’s Coming For Your Kids | Scoop News
The New Zealand Taxpayers’ Union is warning politicians on the 2020 campaign trail to watch themselves – because the Debt Monster is looming over them. The Debt Monster has arrived on New Zealand’s shores in the wake of the Government’s COVID-19 ...
