Good lord. If we cede control of the strait to Iran…. And agree to REPARATIONS…. This will be the biggest humiliation in American history
Latest Posts by Bernard Hickey
So Trump agrees a deal where Iran gets to keep charging tolls, gets to keep its nuclear program, and of course, keeps the same regime in power.
This was all a terrible waste and so far a catastrophic defeat for the USA.
$2 million per ship — to cross a Strait that was free six weeks ago.
@nytimes.com
www.nytimes.com/2026/04/06/w...
Again...
This is the laugh we needed.
It's TACO Tuesday... thankfully. #TACO #TrumpCaves
Today?
Every effective tool for reducing fuel demand right now (free PT, cycling, EVs, lower speed limits) is a policy the NZ coalition government has spent two years dismantling.
My new piece in The Conversation on why they've gone quiet and how they get out of it.
theconversation.com/the-governme...
I talked with @annafifield.bsky.social about her new substack, Between Giants, about China's Iran links, about Winston's chat with Marco Rubio, & how NZ is tiptoeing between giants, rather than speaking up on humanitarian issues & the rules-based world order. #nzpol open.substack.com/pub/thekaka/...
Chorus out: PM says lower fuel excise or RUCs relief for households & businesses would be "irresponsible & unaffordable," for Govt finances, even though Govt debt barely a quarter of household debt #nzpol open.substack.com/pub/thekaka/...
A much-needed timeline cleanser this morning.
Since the start of the Industrial Revolution, fossil fuel has meant Freedom, Power.
Now, thanks to DJT, those meanings are shifting fast--it means Scarcity, Peril.
You want to feel safe now, you turn to the sun
And that psychological shift is enormous!
billmckibben.substack.com/p/oil-and-ga...
“Now, I don’t care if the prices of diesel increase,” he says, proudly pointing to the sun above. “As long as there is this sun, I can grow my watermelons.”
*That* is energy independence.
But watching the last few days, I *am* increasingly worried about nuclear use. Yes, it's my focus and I'm sensitive to it to begin with. And yes it remains unlikely! But there are few other ways to take the visible frustrations of the WH and imagine which options they are considering.
Good news
Looks to me like the launch of the next generation Hilux Diesel Hybrid (after years of an old design) was a hit in March. www.toyota.co.nz/about-toyota...
Moonlighting? Did he get paid by both? Case for clawback? Or at least the IRD could have a crack. As it did at Sutch.
Chorus out: MBIE report finds infrastructure hole of up to $3.5b in Govt plan to bring in extra 1m tourists & double exports to $20b by 2034; Yet Govt reaps $10.5b/year in GST, PAYE & levies from tourism #nzpol #nz #newzealand open.substack.com/pub/thekaka/...
Great interview, one of the most enlightening especially around the New Zealand food system. The public narrative and reality are certainly oceans apart.
Thanks Dan. I’m in New Zealand.
🧵People often ask me if where I live in New Zealand is as great as my posts suggest and I always say that we've got all the usual problems (a few more lately with global shenanigans). BUT last night, I saw some things that perfectly sum up how awesome this place is. They're as follows: (1)
+1
Stone Age man
I'll finish where I started with Central Govt. See the yellow line - that's the big scary debt (financial liabilities). The green area is Govt's financial assets. Yes, there are more financial assets than liabilities. More than twice as much if you include land, property etc. [Ends]
Latest Crown accounts tell a depressing story in cold numbers. Our permaslump economy and tax cuts have stalled tax revenue. But higher benefit numbers and the inevitable march up in health and super costs are pushing spending up. (1/3)
Good news
Stuff did not put a paywall on The Post until 2023. A decade later than it should have.
I had a great chat recently with fellow substackers Catherine Knight and @mikejoyecologist.bsky.social about the upcoming Reality of Everything conference, and the issue of food security. This is open to all. #nzpol open.substack.com/pub/thekaka/...