I was kidding: <<<Said Americans looked as though my concerns and assets would have a safe place in their hearts>>
... maurice, it is time to stop fantasizing, and to get realistic.>
I am quite mindful that I am heavily overweight USA. I am also mindful that the USA has got significant debts. Debts of gargantuan proportions, based on a fiat currency which they vote to sustain. I have spent considerable years managing debtors, up close and personal. I know debtor psychology very well indeed. You will not be surprised to know that there is more than a tiny proportion of debtors who are not obsessed with repaying their creditors on time, or at all.
I am nervous. However, NZ is not kind to capital. Nor does it do great things like invent CDMA and Globalstar. We grow grass and rob tourists [we usually do not murder them, but that does happen too, along with murdering locals, or just attacking them].
I think the debt can be rolled over for a while yet, and more added. Americans should not think that they will be retiring with big payouts from the government, but that problem is a while away yet. Avian flu might solve it [sars was lethal for the elderly, over age 60]. Avian flu seems to be less lethal, proportionately, for the older age groups.
I do not seriously think that Americans, given a choice, would leave me with my assets instead of helping themselves to them, when things are getting difficult. In the national interest of course; America for Americans and all that. Patriotism is a high calling, especially when it involves foreigners' assets.
Mqurice |
