Links 15 July 2019

Global Macro / Markets / Investing:





Unconventional Economist
Latest posts by Unconventional Economist (see all)


  1. New Zealand at risk of a house price crash: Bloomberg … Stuff NZ

    New Zealand and Canada are the two countries with the most unsustainable housing markets in the world, according to Bloomberg.

    Bloomberg economist Niraj Shah’s “housing bubble dashboard” showed the two countries holding the top spots.

    They have the highest cost of housing compared with wages, beating Australia, the UK, Norway and Sweden – which are also vulnerable. … read more via hyperlink above …
    … Blasting the government for dithering at sorting land supply and infrastructure financing … mid 2018 …

    Govt criticised for moving slowly on Auckland growth boundary … Michael Daly … Stuff NZ
    The government knows exactly what needs to be done … Urban Development (then Housing) Minister Phil Twyford’d important late March speech …

    New Zealaned Housing (now Urban Development) Minister Phil Twyfords speech to the New Zealand Initiative Members Retreat … New Zealand Government / Beehive

    … extract …

    … In our view there are three big challenges that have to be addressed:

    1. A broken system for financing infrastructure

    2. A planning system based on urban containment

    3. The failure of governments until now, both local and central, to actively work with the private sector to enable urban growth and expansion.. … read more via hyperlink above … and read more at

      • my universal definition of a rich: one that doesn’t have to work because others provide for his living

        in this particular case based on pre-tax income of over $500k – there are quite a few of those who have >$500k total income and less than $100k taxable income

  2. interested party

    Media getting called out…

    Once you understand the situation, the list of links above take on a pretty rancid aroma. Useful idiots, or players?

    Talking of media……anyone else notice some have been “entertained” on epsteins island? Bill Mayer is on the flight logs.

    • Hard to trust any form of media these days. But I definitely see bias against Trump in the media. It seems to be backfiring though. Trump will win the next election.

      • interested party

        If that video doesn’t wake some here up, then I have no idea what will.
        I would not bet against Trump.

      • interested party

        Check this out…

        Names are coming out now……and all the previous links and items I have dropped over the last year or so should start to make some sense and connection. Timeline 5:55 ish in the video mentions eastern block countries. How do you get kids from there to the US?
        I wonder what “charities” operate there in regards to kids “welfare”? They wouldn’t be involved now……surely????
        The truth is not far from the worlds eyes now.

        You can add the nxivm case to this….very connected, very similar. The next shoe to drop could be the satanic ritual stuff on epsteins island…..don’t know for sure, but it is coming. We are only being exposed to the trafficking side at the moment, but there were two rivers of kids flowing simultaneously……one river had a “dead end”…so to speak. (haiti) (adrenochrome)

    • There is no third way in the US political system. It’s binary you’re one or the other or on the outside looking in. So this guy is pro-Trump.

  3. I always liked the Bond films, but ever since Die Another Day they have lost it… I don’t like Daniel Craig’s Bond films much either.

    I can’t see this working…

    In the 80s Bond had to stop having multiple partners because of the Aids scare, so it’s not like the franchise hasn’t tried changing the formula to appeal to the modern world. But I think like the Ghost Busters remake trying to appeal to everyone makes you popular with noone and will alienate your core fan base. Refer to Star Wars…

    Good luck I say… But the way to succeed with Bond is double down on his perceived sexism..imho.

      • Maybe not. From the link.

        “The law states: “If the boundary results from an overthrow or from the wilful act of a fielder, the runs scored shall be any runs for penalties awarded to either side, and the allowance for the boundary, and the runs completed by the batsmen, together with the run in progress if they had already crossed at the instant of the throw or act.”

        The crucial clause is the last part. A review of the footage of the incident shows clearly that, at the moment the ball was released by the New Zealand fielder, Martin Guptill, Stokes and his partner, Adil Rashid, had not yet crossed for their second run.”

      • overthrows came of stokes, a ricochet at the completion of the 2nd run. guptill can commence his throw whenever was my understanding??? Lemme tell you Ive umpired in that exact fashion

    • The Traveling Wilbur

      This is the most important, nay, crucial, link that will ever be hosted on this site. Well spotted. You are 200℅ correct and have made my day.

      I anticipate the sledging at the next clash of these protagonists. Eagerly.

      “Won’t run. Can’t count.” springs to mind. Followed by, after every boundary, ‘5’ signs being held aloft.