2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.27

-0.2%

Nov 21 4:00 PM EST

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To: TobagoJack who wrote (47342)	3/12/2009 5:44:32 AM
From: Maurice Winn	2 Recommendations Read Replies (1) of 218003

A few years ago I got to know an Icelander and became aware of Iceland [as other than a cold Arctic place with volcanoes and cod wars with Britain populated by Lief the Lucky or some bunch from northern Europe]. It was wealthy and booming and I wondered what was going on without bothering to investigate at all. I assumed it was Singapore, Taiwan or something = doing lots of good things generating lots of income. It turned out that Iceland was much like NZ in the mid 1980s when what NZ wasn't going to do wasn't worth thinking about = all done on borrow, buy, and hope. The crash in NZ was ugly though apparently not quite as bad as that of Iceland. NZ has lots of chlorophyll suitable for feeding livestock and lots of land suitable for growing food and lots of ocean which produces fish. So hunger is not much of a risk = export controls might be needed to avoid an Irish potato famine equivalent. Farmers would no doubt prefer to sell their crops to high-bidding Chinese than impecunious city-dwelling bludgers in NZ. I would not want to be stacked 30 deep in Hong Kong, Beijing or Tokyo, if there's gross disruption. Mqurice

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