To: TobagoJack who wrote (90446 ) 5/20/2012 8:15:34 PM From: Maurice Winn 2 Recommendations Read Replies (1) | Respond to of 220395 As I wrote: <It would probably be easier to just buy the north with spare US$. Louisiana and Alaska were sold, Alaska by Russia. > Marching is so much slower that moving money. <why march anywhere as all is on fire sale like nz shall soon enough be. > Any property acquired would be depreciated before acquisition if done by marching mode. Marching in conquest is so last century [actually, more like the century before that]. NZ is now on sale, with hordes of NZ economic refugees [1% of the population per year] fleeing to Oz and elsewhere, while opportunists from Hong Kong and elsewhere in China are happy to buy huge properties here, which would fit into the same economic space of a bedroom in Hong Kong. Wastrels slide down the economic pecking order. NZ has gone a long way and continues, though Greece is ahead on points. There is something to be said for deflation, but Big Ben Bernanke is disinclined to see much of it or he would think they are not clipping the ticket sufficiently via dilution. NZ$ falling as expected; down to US75c from US85c not so long ago. More to go, I wager. Dairy prices down a long way. <Updated at 7:37 pm on 16 May 2012Prices at Fonterra's latest dairy auction have slumped in the wake of fresh electoral uncertainty in Greece and an oversupply of milk on the world market. The average price was down 6% overnight on Tuesday, taking losses in the past year to 40%. Prices for New Zealand's biggest export earner are now back at levels last seen at the tail-end of the global financial crisis in August 2009. The dairy cooperative's Global Dairy Trade-Weighted Price Index fell to an average selling price of $US2618 per metric tonne, its lowest level since August 2009. Whole milk powder prices fell by almost 9% on average. Skim milk powder prices were slightly more resilient, falling by about 5.5%. However, Anhydrous milk fat prices crashed by almost 12%. > Mqurice