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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (46752)2/28/2004 5:49:20 AM
From: Maurice Winn  Read Replies (1) of 74559
 
Bubba, you did misinterpret [as people usually do because they get a half-baked idea then grab the first stereotype they have in their mental cupboard].

The immigrant parasites are those who absorb more than they produce. Over a century, New Zealanders have built a lot of assets, in the same way that a lot of people build a house. Having somebody come and live in your house reduces your personal benefit from the house which you've built. If the immigrant lives in your house, for no charge and does some low value job such as washing the dishes once a week, there is a net economic loss to the homeowner. They same principle writ large applies to a whole country. If the said immigrant also has cultural norms, such as hoiking on the carpet, killing pigs in the living room, stealing the valuables and generally needing to be gaoled in the garage, it adds even further to the burden. Especially if they bring their whole family to live in the house too.

Not all immigrants are created equal. Some are valuable, adding more value than they are given, some are destructive and will never repay the value of what they inherit by the simple expedient of immigrating.

Bidding for citizenships is a way of finding value. Somebody who has great value will find a sponsor to pay for their citizenship. For example, a brilliant engineer would have their citizenship paid for by some company. The person could move in, then leave again in a couple of years to return home to where they really want to live. The company would get their money back and make a profit on the citizenship too [if immigrants add value, and governments don't waste it, citizenship prices will increase].

I know this is a novel idea, so you won't be able to even understand it and will dismiss it out of hand, without understanding, but some people might get the idea.

Think of a country as being like a shareholding in a company. One doesn't just decide to get a free citizenship and is therefore given ownership in a company. One has to buy a share. One could also work for the company and buy shares in the company or be given stock options. The company doesn't just give away free shares to anyone who decides they want to work for the company [or merely occupy the lunch room and not actually work].

Any questions?

See if you can fill in the gaps.

Mqurice
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