Uncle Al KBE went out on a high note, with more Happy Meals added to my USD returns. Now 4.5%, which is better than a poke in the eye with a burnt stick. NZD refuses to accept gravitational forces. But sitting comfortably here in a Mount Maunganui mall on yet another fantastic day, following our national holiday celebrating the deal between Maoris and Queen Victoria, I can see swarms of happy people bustling about, enjoying their spending power [as provided by Japanese housewives at 7% interest rates] while their houses have continued to rise rapidly in value, [leveraged with said Japanese loans].
The farmers are starting to bleat as loudly as their sheep and oinking as they fail to bring home the bacon from overseas markets for wool, lamb, beef, milk, fish, trees, paper, kiwifruit and other agricultural entitlements.
Sitting in the citadel things look good. We will see how good as winter encroaches.
Many thanks to Uncle Al KBE for decades and centuries of service to my financial well-being. It was a well-earned accolade from my sovereign. Cheap too!
Now, bring on Big Ben. We will see for whom the bell tolls.
Meanwhile, the CDMA toll-gates to cyberspace are ringing like crazy and they toll for me.
Mqurice |
