Ruth Richardson, former finance minister, criticises NZ First's proposal to buy back BNZ and broader nationalisation policies, arguing they are economically unsound, damaging to New Zealand's reputation, and rooted in populist, Soviet-style economics.
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As I say, he he's he's sort of got a fixation with Soviet style policies, and uh as we found with the BNZ, and as the Soviets found, uh they failed policies and they're bound to end in tears.
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populist and inherently flawed economic model
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