Concerned About the Panda in The Room Yet? / News of the Money-World #41
A third of our exports go to just one country, who can replace us in a heartbeat.
Fonterra has become an expert in influence over our government.
Tensions are rising in the geo-political sphere, and the day is approaching fast where we're we'll have to pick a side between trade with East and security with the West. What are we going to do?
Further, when your vote is carries perhaps .00000002% influence over how this country is run, is it right that the vote of one entity carries this much influence?
I'm still not sure how this affects the everyday investor, but I know it will - the problem is, no one's talking about this.
What’s Happening in the World Economy: China's Intensifying Headaches - Bloomberg
China-trade-report-2022-update.pdf(nzchinacouncil.org.nz)
Fonterra's profits are increasingly reliant on China | Stuff.co.nz
_________________________________
News of the Money-World is an informative, news 'style' podcast, produced in partners with koura KiwiSaver, one of NZ's most innovative digital KiwiSaver advice provider.
Hey! Like what you've heard today?
I'm on a mission to help you grow wealth, protect it, then give it away.
Here's some ways you can get alongside the NZ Everyday Investor - no pressure, but I'd appreciate any help you could offer:
1 - Spread the word! I want as many as possible to build wealth, protect it, then pass it on. Write a review on the platform you're listening to this on, share on social media, and talk to your friends about it.
2 - Use the following referral/affiliate links. It's not a game-changing, but every little bit can help fund some production costs and in some cases, the benefit is all yours!
Hatch: $10 for you, and $10 for me, if you sign up and deposit $100NZD.
Sharesies: $10 for you, and $10 for me, if you sign up for the first time with them.
Easy Crypto: One of NZ's most trusted places to buy/sell your digital assets.
Sharesight: Get 5 months free when you sign up to an annual (paid) subscription. Check out to this Kiwi-born investment-tracking platform.
CMC Markets: You and I both get $150 if you sign up using this link. *Note that 'contracts for difference are a high risk investment option. Read t's and c's here
3 - The next time you're reviewing your insurance requirements, obtaining a new mortgage, reviewing your KiwiSaver, or you'd like to work on your own Financial Strategy, please consider using