NZ's $50 billion loan 2008-2014 from Chinese Communist Party - National Party's Tim Mcindoe

NZ National Party MP Tim Mcindoe spoke to journalism students on August 28, 2014 in the build-up to the New Zealand General Election on 20 September. Mcindoe boasted that the National Party had done such a great job of paying $5 billion off NZ's debt until one of the students asked some uncomfortable questions - that student was myself aka BronnyNZ https://co-creatingournewearth.blogspot.com/ Mcindoe found himself confessing that it was in fact the National Party who had sunk New Zealand into the mire of indebtedness to the Chinese Communist Party. The National Party had taken loans of around NZ$50 billion with the CCP from 2008-2014. A few weeks later I had the opportunity to ask a sitting Labour Party member about this loan. She stated that the money had largely gone on tax breaks for "John Key and his mates", NZ's upper echelon. Accruing interest on this massive loan will in large part be the reason for the extraordinary debt NZ now sees itself burdened with, NZ$156 billion to date. Note: The woman pictured in the final photo on this video with Tim Mcindoe is career politician Judith Collins. Ironically, I went to high school with Collins at Matamata College in the 1970s. I have no personal animosity with her. Collins and her Chinese businessman husband were caught up in the Northland swamp kauri scandal in 2014. Can anyone say, "Conflict of interest"? Neither Collins nor her husband have ever been prosecuted or jailed for their crimes against the people of New Zealand https://www.rnz.co.nz/news/political/421206/new-national-party-leader-is-judith-collinsShow more

See my September 1, 2023 rant here that discusses this $155,000,000,000 loan - https://rumble.com/v3dphqn-morning-ad-lib-out-on-lincoln-rd-henderson-auckland-new-zealand-7-9am-popup.html See New Zealand's Debt Clock here - https://rumble.com/v3eikch-absolute-financial-mis-management-140b-increase-of-nzs-debt-in-15-years-und.html
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