this post was submitted on 24 Mar 2026
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A really good explanation about how an increase in GST collected on fuel is likely to be offset by a decrease in spending elsewhere.

Also, we're likely to see a change in behaviour from consumers, likely a decrease in non essential driving. I know I'm considering the driving I do a lot more carefully.

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[–] absGeekNZ@lemmy.nz 0 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Agreed, it is foolhardy to jump in like this.

It snacks of truing to win a "gotcha", but the risk of looking like an idiot is high.

But then again, this is directly from the trump playbook, score the point now, by the time the dust settles no one will remember the details, just the impression that labour 'won' something a while back.

So maybe it's us that are the ones that are 'wrong' for questioning the strategy.

[–] BaconWrappedEnigma@lemmy.nz 0 points 2 weeks ago (1 children)

Accurate. We do live in a headline-driven society. Fuck TikTok and everything that is trying to emulate it now.

DISCLAIMER: The odds on me looking like an idiot are pretty high: https://polymarket.com/event/bacon-wrapped-enigma-looks-like-an-idiot-2026

[–] BaconWrappedEnigma@lemmy.nz 0 points 2 weeks ago (1 children)

That disclaimer was just a joke but it is interesting to use polymarket as an odds indicator: https://polymarket.com/event/us-x-iran-ceasefire-by

Currently the odds of a cease-fire:

Date Percentage
March 31, 2026 14%
April 15, 2026 33%
April 30, 2026 45%
May 31, 2026 56%
June 30, 2026 63%
December 31, 2026 74%
[–] Ilovethebomb@lemmy.nz 0 points 2 weeks ago

What happens if nobody calls a ceasefire, but both sides stop bombing each other?