Forum Archive Index - February 2004

[Marilyn Munroe <who.c@res.co.nz>]

winner69 said;

"All I know that NZ is a country living beyond it means. Like Americans we 
continue to spend and are becoming more and more in debt. We live in a 
country where most have all the latest whizz bangi things but in a lot of 
cases basic infrastructure thiings are under pressure because the country 
can't afford to keep them up to scratch."

But it is all relative winner69. If NZers piss in the economic soup at a 
lesser rate than others, then comparatively we are better off.

When the inevitable day comes when there is only soup to eat, our soup will be 
less tainted than others.

I will concede that it would be desirable for NZers to refrain from pissing in 
the economic soup, but this is what economists call an optimal situation, 
rarely achieved in the real world.

Winner69 implies that there are other economies that do it better.

There is one that comes to mind with the depth and efficiency of its capital 
markets. Lately it has been squandering these advantages with protectionism, 
hunts for weapons of mass destruction, and a spendthrift government.

Boop-boop-de-do Marilyn

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