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Post by Fogg on Nov 6, 2023 8:16:33 GMT 12
The Blackrock announcement was pure spin designed to fool NZ voters who think $2bn is a lot of money. Correct. The investors / funds I deal with almost literally won’t get out of bed for any investment less than $500m. They prefer $1bn slices. So yes $2bn is just about big enough to be interesting but not big enough to be exciting. |
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Post by ComfortZone on Feb 29, 2024 15:13:39 GMT 12
looks like alot of small businesses in UK are also being "debanked", apparently because the banks just can't be bothered with small turnover customers
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Post by ComfortZone on Aug 12, 2024 16:22:59 GMT 12
another example of debanking, this time in Canada
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Post by Cantab on Aug 17, 2024 9:55:45 GMT 12
What's going on here, should I be avoiding the UK because I disagree with the Government and like to express my opinion, and have already? "A man in Britain with over 100 000 followers on X has been sentenced to 3 years in prison for posts made on social media."  |
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Post by em on Aug 29, 2024 11:01:21 GMT 12
You can buy this non fungible token for USD99 . I can’t help but wonder what percentage of the people that buy these think the “B” signifies billionaire . Attachments:
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Post by fish on Sept 8, 2024 10:15:39 GMT 12
A well written article by Damien Grant in Stuffed, a libertarian, writing on the how essential it is to access banking to participate in society and commerce. The article is focused on Gloriavale being de-banked by BNZ, but the same arguement applies to all of us: The ability to participate in the commercial life of New Zealand should not depend on public opinion. It should not be subject to the capricious temperament of middle managers who pursue their own advancement ignorant or uncomprehending of the wider societal issues at play. Ultimately, the BNZ is subject to the oversight of the Reserve Bank; and the BNZ owes its privileged position directly from the benefits conveyed upon it as a registered regulated financial institution. The Reserve Bank may wish to consider if they are comfortable allowing unelected and unaccountable middle managers in the trading banks the arbitrary power to decide who is permitted to engage in commerce. We all should consider that issue; because if the bank prevails in court that will be the world in which we will be operating. www.stuff.co.nz/nz-news/350406038/damien-grant-ability-participate-commercial-life-should-not-depend-public-opinion |
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Post by Fogg on Sept 8, 2024 18:44:35 GMT 12
Yes we need more agitators to hold the banks to account.
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