It's impossible to have as much money as in Japan sloshing around without there being huge investment opportunities. Not to mention Virtuous Victorian Values [wallets don't get stolen in Japan, women can walk through parks without being attacked, people learn, they work, they save, they invest. < we of phoenix more than doubled our money by japan during the interregnum. >
Starting at the peak, Tarken-san studied Japanese and was economically dependent on Japan nzsa.com, working at Livedoor. Property in Hakuba a couple of years ago was sorely tempting [before NZ$ crashed against yen]. Investing in Livedoor after the crash has been successful [on paper].
Similarly, there will be huge investment opportunities in USA over the next decade.
Yes, the current share rally in the USA does look like thrashing around rather than a logical profit-based pursuit of assets. But NZ$ is not a safe-haven at US557 to NZ$1 - "anywhere but USA" is not a good strategy. One could have escaped to Iceland 6 months ago only to find a bear trap lying in wait.
Yes, the USA is voting itself into Eurosclerosis, socialism, Mexicolism, Big Government and Bigger Wastrelism, but it still has plenty of redeeming features.
Transferring USA taxpayer/citizen funds to you didn't seem like a good strategy - that was some of my money you got via your insurance payout. I have no idea why the USA wanted to transfer money from me to you, but they did. Globalstar went broke, but they didn't transfer money from you to me, but I didn't think to ask - perhaps if I'd begged, they would have been more generous with your money.
There was a Globalstar-based payout in that Long Term Capital Management went belly up as a result of a leveraged bet by LTCM on Globalstar which tried using a Zenit rocket out of Kazakhstan to launch a dozen satellites. I thought it was great, swords to ploughshares [Globalstar satellites seemed much better to launch than MIRV ICBMs], but Borat had not done a review of Kazakstan at that time. The rocket was obviously made of duct tape or something, or they forgot to undo the mooring rope before launching. They blamed in on onboard computers but that might have been a sham like so much else.
Mqurice |
