Address Forum Futures Trust 3 October 2006
By Petrus Simons*

IS THE BALANCE OF PAYMENTS AND INTERNATIONAL DEBT A TICKING TIME-BOMB?

The balance of payments is indeed a ticking time-bomb. It is not the only one. Environmental problems are increasing in severity and, sooner or later, will impose the need for change. The Government should explain this clearly to the people of New Zealand and prepare a long-term plan that would step-by-step replace the current fossil-energy system to a totally solar-based system in the context of a revamped, much more solidarity-based tax/welfare system.