Open Mike 17/10/25

Written By: notices and features - Date published: - 4 comments
Categories: open mike


Open mike is your post.

For announcements, general discussion, whatever you choose.

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Step up to the mike …

4 comments on “Open Mike 17/10/25”

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  2. 2

    Ganish has it right in a nutshell.

    https://open.substack.com/pub/ganeshnana/p/spending-borrowing-taxing-its-called?utm_campaign=post&utm_medium=web

    Where the equivalent financial assets are owed to other New Zealanders, there is no net financial burden – that is, the debt and assets ‘cancel out’ each other – as both the debt and the assets are passed to future New Zealanders.

    However, non-financial assets and debts are similarly – if not more – important in assessing the value (or burden) transmitted through inheritance and legacy. For example, building and health infrastructure assets could be left in fit-for-purpose condition transmitting inter-generation value. In contrast, dilapidated assets requiring significant renewal and upgrade, alongside workforce shortages as opportunities elsewhere become increasingly attractive, reflect a real debt burden passed to children and moko.

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