Ah good. jfred alive and kicking. Well, maybe only alive.
In similar vein to the Teutonic bean counter, Jay Chen, my personal spy in Hong Kong reports in as follows: Message 17959989
So far, after more than 2 years of biggest market crunching ever, there's no deflation and no inflation and no unemployment and no recession. That's pretty damn cool in my opinion. That's despite 911 thrown in, with the downstream consequences such as the WAT and Homeland Security Hassles.
NZ$500,000 [US$250,000] will get you two average houses in Auckland, or one average house in the upmarket areas. Put $250,000 in the bank and earn 6% = a frugal lifestyle of a good standard. Retire. Go fishing. Play golf.
Mqurice |
