Forum Archive Index - June 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

Paul & Noriko
Very good points, the same as lowering interest rates will just tempt more 
people to borrow there way into bigger trouble. so when the crash comes it 
will be even bigger. interest rates of 18% and more may be the answer to 
bring NZ inflated property values down. also this will let a lot of elderly 
people have a big spend. because this spending is not creating debt it will 
be better for the country. With high interest rates ill thougt out company 
investments like Quantas NZ, NGC purchase of trans alta energy and other 
high debt poorly thougt through purchases & investments hopefully will not 
occur
Malcolm Cameron


>From: "Paul and Noriko" <pan@muh.biglobe.ne.jp>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] Re: Goodall and heroic....
>Date: Sun, 1 Jul 2001 08:21:30 +0900
>
>The reason Ireland can tax companies 10% and rely on their employees tax 
>revenue is obvious I would have thought.
>
>Ireland is a member of the EU. Access to a market of 500 million with 
>relatively little transportation costs for goods along with no trade 
>barriers. NZ is stuck in the middle of nowhere. Cyberwork appears to offer 
>something (no transportation goods), yet India can easily trump that. NZ is 
>in an unenvious position when it comes to this.
>
>Simply put, NZ needs to be careful about relying simply on supply and 
>demand to solve its economy: it depends upon the situation. Yes, something 
>needs to be done, but simply broadly comparing points as you did will not 
>provide the answer.

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