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

GLD 374.22

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Nov 21 4:00 PM EST

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To: Canuck Dave who wrote (47996)	3/31/2009 3:02:20 PM
From: Maurice Winn	3 Recommendations Read Replies (3) of 217917

The Ontario teachers' pension fund bought Yellow Pages for NZ$2 billion a couple of years ago. geekzone.co.nz zenbu.co.nz is planning on replacing Yellow Pages at a cost of a thousandth of that. Wait a minute, that would be $2 million. It should be more like 1/10,000th of $2 billion. Offering customers services at a thousandth the price, let alone ten thousandth is a good way to get business. Normally a small percentage discount is sufficient. Note the "donate" option on the right hand side of zenbu.co.nz It's an advertising-based free service so cash flow is measured in $100s rather than $millions. Feel free to donate a bit of cash to help along a worthy open-source public service. A new server is needed. $3,894.12 is the cost. zenbu.co.nz is a different company from zenbu.net.nz with different shareholders. New Zealand has a very good on-line Companies Office where you can find the details on who owns what and so on: companies.govt.nz New Zealand's government investment projects are in the hole like the Canadian investments. Baby boomers who haven't provided for themselves might find old age problematic at best. Japan has loaned NZ $160 billion or so to enable people to revalue their houses upwards. 4 million people = $40,000 each, or $160,000 per actually productive person [old, young, unemployed, beneficiaries, housewives, government 'workers' etc don't count]. That's a lot of money to repay and on which to pay interest while trying to repay it in an economy with a banana republic GDP per capita, especially when much of that GDP was derived from the boom from borrowed money. If I was an Ontario teacher, I wouldn't plan on depending on any income from "Yellow Pages". Mqurice

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