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

To: elmatador who wrote (68001)	11/12/2010 5:01:56 PM
From: Maurice Winn	2 Recommendations Respond to of 217666

Yes, on average, Kiwis think they are rich. <Do Kiwis think they are rich? A common mistake is people thinking they are rich> Forty years ago, they were. That cultural bias has been passed down though the reality has slipped away. There are now swarms of bludgers and low paid people who are now starting to realize that they are not rich. When the debts are called or otherwise come due, they will get a more serious awakening, much as Greece and Ireland are now getting and the USA is starting to figure out. 40 years ago, Kiwis could travel to Singapore, Hong Kong, Korea and Japan and ride in rickshaws [sometimes literally] paying a few pesos to the local yokels and buy loads of stuff at very cheap prices, sufficient to pay for air fares. Now, the average person in those countries can and does hire Kiwi servants and domestic help, but are polite enough not to whip them if they don't pull the rickshaw fast enough. Hubris and the associated wastrelism are human weaknesses. The British Empire descendants wanted to live on the past glories and efforts of those who went before. But the British Disease was not productive, so down they went until UK is now just another middling and muddling country but with the trends looking less than good. Mqurice