Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (26660)	12/18/2007 11:53:49 PM
From: Snowshoe	Read Replies (1) \| Respond to of 217907

Suppose a NZ citizenship is worth $2 million. Then every Kiwi could take out a huge mortgage at a low teaser rate to "get the value out of their citizenship". With many Kiwis partying 24/7, you could import millions of Bangladeshis and Filipinos on temporary visas to do the work. But eventually a lot of Kiwis would fail to repay their citizenship mortgages and get foreclosed, meaning they have to trade citizenship with whomever held the note. It sounds like a devious plot to get rid of all your bludgers! ;>)