Trust … in our Economy

The current government is claiming a rockstar economy – never mind that most of the activity is a bubble (immigration, earthquake rebuilds & house price rises raising aggregate demand, while we still aim for 3rd world production systems producing cheap products with cheap labour and lowering environmental and social standards).

Meanwhile they degrade the social capital, and focus on the corporate commodity (cheap high throughput cost focus factory approach) rather than high value, long value chain, local ownership and batch processing.

And the degraded environment is exactly the opposite of what we need to sell at a high price into discerning markets. Dumb economics.  Reblogging.

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