SI
SI
discoversearch

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: TobagoJack who wrote (72928)4/9/2011 1:35:33 AM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 218554
 
Maybe NZ will invent Tradable Citizenship which would then swap people from being bludging citizen-serfs grabbing their piece of the action while the grabbing's good, to people with a vested interest and a price they like to see going up, not down.

I am not holding my breath. Continued self-destruction and fleeing by the able is more likely.

Meanwhile, NZ$ has soared to a high level again vs US$, while NZ deficits and fiscal dismality and finality loom larger by the day. It is now a joke [literally people are laughing at it though it's black humour as one laughed during The Blitz].

It would be entertaining for Taupo to now erupt to remind people even further that the world does not owe them a living. The Christchurch earthquake has now exposed fraudulent insurance, with AMI having raked in big premiums and paid themselves big salaries, only to have not held reserves to pay out should they lose the bet. South Canterbury Finance was like our very own Bernie Madoff ponzi scheme. But our government makes good the foolish at the expense of people silly enough to work and pay taxes.

Short NZ$ vs US$. An easy bet despite the US$ not being considered a great bet.

Mqurice