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

[Jog On]

Well I did warn you not to take advice investment advice from me

Noted!

[tay]

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

[Jog On]

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..

[snaw]

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 ...

[Jog On]

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

[Churchill]

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

[tay]

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.

[tay]

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.

[EternalOptimist]

From the article



So the deal gets updated automatically. (and yes I am aware you were joking)

The actually eat quite a lot of lamb as well, just not compared ot other meats as lamb was considered very expensive... but its about to get a lot cheaper for them.

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

[Jog On]

Would you put money into a NZX tracker fund right now?

Passive funds are also simple and transparent, points out Yvonne Davie, head of business at NZX's SmartShares, which runs five sharemarket-based tracker funds: smartTENZ, smartMIDZ, smartFONZ, smartMOZY, and smartOZZY.

[tay]

One major problem here, the Chin people do not eat lamb or butter. You better get them kiwi fruit orchardists to switch to fried rice and spring rolls pdq.
Plus we all know that when you make a tariff deal with the Chinese, half an hour later you want another one

From the article

The deal also bestows "Favoured Nation Status" on New Zealand giving exporters easier access to markets and less stringent non-tariff barriers.

It also means that if another nation gets better terms in a trade deal with China, it will also apply to New Zealand.

So the deal gets updated automatically. (and yes I am aware you were joking)

The actually eat quite a lot of lamb as well, just not compared ot other meats as lamb was considered very expensive... but its about to get a lot cheaper for them.

[EternalOptimist]

And with lots of extra food..... that they now have access to sell to a country with 250 times the population at no tariffs.

Just another nail in the commonwealth coffin, NZ has been trying to get a free trade agreement with the EU for years, they havent wanted to know (fair enough really), and so we need to look to other places for our economic future.

One major problem here, the Chin people do not eat lamb or butter. You better get them kiwi fruit orchardists to switch to fried rice and spring rolls pdq.
Plus we all know that when you make a tariff deal with the Chinese, half an hour later you want another one

[expat]

And with lots of extra food..... that they now have access to sell to a country with 250 times the population at no tariffs.

Just another nail in the commonwealth coffin, NZ has been trying to get a free trade agreement with the EU for years, they havent wanted to know (fair enough really), and so we need to look to other places for our economic future.

Absolutely. Our stupidity, you have given us every chance. Personally I will continue to buy my favourite meat, lamb, from the only country in the world free of scrapie (possible origin of BSE), no matter how high the tariffs may be.

[tay]

Just a right-sized country. About the size of the UK, 4.2M people. Like Britain without the English, mmm.

And with lots of extra food..... that they now have access to sell to a country with 250 times the population at no tariffs.

Just another nail in the commonwealth coffin, NZ has been trying to get a free trade agreement with the EU for years, they havent wanted to know (fair enough really), and so we need to look to other places for our economic future.

[expat]

It's a piss poor country if $350 million a year is enough to stave off the downturn.

Just a right-sized country. About the size of the UK, 4.2M people. Like Britain without the English, mmm.