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What do you want your country to do in a recession?

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    #21
    Originally posted by Jog On View Post
    Would you put money into a NZX tracker fund right now?
    Dont think you want to take investment advice form me....

    But what I can say is that NZ interest rates are at 10.5 % (they are really ttying to kill inflation and house price increases.. unsurprsingly it is working). So the NZD is very strong, but obviously the interest rates have a lot of room to move... and when they do,... the NZ peso will sink like a stone... theoretically. Tiny little econmies are prob best left to the big boys to invest in (and locals who have little choice)

    Maybe throwing a few £ into a company like Fonterra would be a good long term investment, it controls 98% of NZ's dairy exports... and its future looks rosey after this deal and record prices in recent time for dairy products.

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      #22
      I was joking in more ways than one, I doubt that Chinese food is anything like what we see down the chinky. What exactly is their diet? To me it sounds like a bit of Westernisation going on, with parts of the Chinese rich aquiring decadent tastes
      I was only in China for 3 weeks, so not really an expert. But we seemed to eat lots of starters and no mains... turns out the starters were the mains.

      Lots of chicken, less beef and pork.. and even less Lamb. But thats mainly due to cost.

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        #23
        Does anyone know the Chinese for "All your sheeps are belong to us!"?

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          #24
          Originally posted by tay View Post
          Dont think you want to take investment advice form me....

          But what I can say is that NZ interest rates are at 10.5 % (they are really ttying to kill inflation and house price increases.. unsurprsingly it is working). So the NZD is very strong, but obviously the interest rates have a lot of room to move... and when they do,... the NZ peso will sink like a stone... theoretically. Tiny little econmies are prob best left to the big boys to invest in (and locals who have little choice)

          Maybe throwing a few £ into a company like Fonterra would be a good long term investment, it controls 98% of NZ's dairy exports... and its future looks rosey after this deal and record prices in recent time for dairy products.

          Might take a closer look - thanks for the tip
          "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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            #25
            Originally posted by Churchill View Post
            Does anyone know the Chinese for "All your sheeps are belong to us!"?
            For a country with 1 billion plus people, and a language that's the global standard there's surprisingly few english-mandarin translation websites ...
            Hang on - there is actually a place called Cheddar?? - cailin maith

            Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

            That will be a simply fab time to catch up for a beer. - Tay

            Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

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              #26
              Originally posted by tay View Post
              Maybe throwing a few £ into a company like Fonterra would be a good long term investment, it controls 98% of NZ's dairy exports... and its future looks rosey after this deal and record prices in recent time for dairy products.
              You have to supply milk in New Zealand in order to be a Fonterra Shareholder.
              http://www.fonterra.com/wps/wcm/conn...ed+questions/?

              Sounds tempting but not that tempting..
              "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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                #27
                Originally posted by Jog On View Post
                http://www.fonterra.com/wps/wcm/conn...ed+questions/?

                Sounds tempting but not that tempting..
                Well I did warn you not to take advice investment advice from me

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                  #28
                  Originally posted by tay View Post
                  Well I did warn you not to take advice investment advice from me
                  Noted!
                  "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

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