Forum Archive Index - May 2001
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Re: [sharechat] NZ - Downgrade
Bob
Don't wait for Helen!
You might see her give painters and writers (i like them both, don't get me
wrong) $180,000,000.00 but you will have to wait a very long time to see any
decent economic strategy. What do you expect when you have an historian
running the chequebook!
Maybe RIL isn't such a dweeb after all!
Cheers
NK
> From: "Bob" <bob@the-stock-market.com>
> Date: Wed, 23 May 2001 22:24:54 -0500
> To: sharechat@sharechat.co.nz
> Subject: [sharechat] NZ - Downgrade
>
> I was told today that NZ has been downgraded my a Credit Agency - either
> Moodys or S&P. NZ$ has also been very weak against the Greenback today. I
> think that the only $ that is weaker than ours is the Indonesia R$. Even
> they have a higher growth rate. Come on Helen Clark, lets put some economic
> policies together that gets this country going again. I put my hands up for
> tax incentives for Foreign investment.
>
> Bob
>
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