

Sloth
8.5K posts

@Slothnewbie
New child of the Living God. Trying to better myself every day.



Hide your ladies






🚩Surprise. Not really. NZ has Agreed to implement a Central Bank Digital Currency (CBDC) with India with interoperability between countries. The lead negotiator for Luxon’s Indian FTA just happens to be on the steering committee for the WEF’s Climate change net zero initiative. Explains a lot. Also in clause 8A Annex : Financial services, NZ has agreed to ensure we can transfers of remittances to India in real time, to suck money out of our country as quickly and cheaply as possible (read quoted posts below). NZ will also build interoperability of financial surveillance measures, and open our electronic systems to India’s digital payment system - NPCI National Payment Corp of India and the Unified Payment Interface (UPI), which is the largest channel and platform for financial fraud in India. It is also linked to India’s Digital ID system (called Aaghaar). Reading the related digital, finance clauses it’s obvious that National have agreed to let India deeply imbed themselves in the digital trust services framework aka build and then administer our digital prison. Wow. Who would have guessed! You are welcome. mfat.govt.nz/assets/Trade-a… mfat.govt.nz/en/about-us/ou…



Shut up "delicacy"












📣India runs the worlds largest Ponzi scheme, it’s a by product of their largest export - People. Remittances are the key strategy India has to grow its economy. It has hit $250 Billion NZD a year, it finds half of Indias trade deficit. The NZ govt has estimated that the India FTA will add a measly 0.7% GDP over 20 years to our economy. Unfortunately this is near identical to the amount Indians in NZ will send home, shrinking our economy. Australia has seen a 15% year on year increase in remittances, which is now $7.3b AUD - or 0.5 of their GDP. Australia has an Indian population of 5.2%, we have 5.8%. Expect 2.7 Billion a year to leave our shores, that is on top of the $35 billion National have committed to promote investment from NZ, to India in the parasitic FTA. Why is Winston Peters the only Politician who is identifying this as another major issue ? He spoke to Laws about this last week. New Zealand will be an empty husk of the FTA goes through. *quoted tweet has additional information about Indian remittances.
