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Dairy Farm Sales & Economic Sovereignty

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Category: Events
Created on Wednesday, 14 April 2010 04:56

Selwyn Pellett was interviewed by Paul on 95bfm's wire about the context and implications of the proposed sale of the Crafar farms to overseas interests, providing a highly relevant example of the key points he raised in his recent seminar presentation.

Update: Also interviewed last week on this subject by David Beatson.

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#2 Guest 2010-07-22 08:30
Uh, all capital raising is speculative: it's the way capitalism works and the way companies expand under a traditional capitalist model. The issues are risk and the expected return, which is where what we have now is breaking down.
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#1 Guest 2010-04-14 05:27
The dairy industry is just like the real estate industry - addicted to speculative capital. The only way inflated property values can ultimately be be sustained is via sale of the assets to those with stronger currencies. If not, the banks and the last ones to buy into the ponzi scheme lose their shirts.

Expect to see plenty of lobbying from the banks & farmers to keep the whole speculative money-go-round spinning with the help of 'foreign investment'.
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