Honing In On Supermarkets
During the last two years or so of the pandemic in NZ, the big winners commercially were supermarkets and banks.
Whilst business in general took a big hit and in many cases - a dive - supermarkets and banks thrived.
All this whilst the Government had to find huge loans and spend money earmarked for other projects and promises to help Kiwis get through the crisis.
So while I loathe banks I(mainly Australian) making so much dough and charging customers unnecessarily more than should be the case, I don't begrudge supermarkets in NZ profiting annually by a handsome amount. And yet I do say the line must be drawn on the approx 500 million annually the two supermarket franchises have made whilst some in NZ have been scrimping and failing to gather in enough money to buy groceries weekly and the Government is blamed for the rising cost of living and the rising inflation rate well past the hitherto three percent max per annum.
So the steps the Government are taking are the right ones and hopefully will further pave the way for additional competition from at least another supermarket player.
Supermarkets in NZ were given big wraps by people here on Neighbourly during the pandemic for being so stoic but did they really deserve all the praise? They didn't pay their staff extra for the extra dangers they faced and they made more profit than normal as people staying at home bought more products sold at supermarkets.
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EMPIRE BUILDING TRUMP
So Donald Trump does not want to start any wars and is a peace maker.
And yet he is seriously seeking to annex the world's largest island, Greenland from Denmark, take over the Panama Canal from the sovereign country of Panama who have owned it since 1977 and even forthrightly suggesting that Canada ceases being a nation and become a state or series of states of the USA.
Greenland above everything else, harbours minerals vital for todays and tomorrows world and that is what probably attracts Trump most. His son is looking things over in Greenland as this thread is being produced. Climate change is also changing Greenland which despite its name is currently mainly covered in ice and snow all year round. Greenland has a population of 55,000.
Panama's major asset after tourism and services is the canal with a current revenue of $5 billion. It operates its shipping charges through an international organisation so that the USA gets an unbias deal for its ships etc that use the canal. Panama is a poor country on the improve and has a population of 4.5 million.
Denmark is a member of NATO. But Trump has threatened many times for the USA to pull out of this Europe-USA defence alliance and Greenland may be the straw that finally breaks the pact.
Canada is surrounded by the USA but it is so much unlike the USA and much more akin to Australia and NZ. In contrast to the USA, Canada is one of the happiest countries in the world and in total land area is the world's second largest.
NZ is going to come under the scrutiny of Trump and his henchmen/women. He will probably look to cut NZ away from its free trade arrangements with China with some kind of ultimatum.