| theprof00 said: mafoo, i just have one question...well maybe several If a rich guy buys an imported car, how does that help everyone, more than say, a hundred thousand people buying a gallon of milk? Additionally, why move somewhere where the tax rate is so obviously geared towards redistribution and has a lot of other social structures? Are you moving there because it's a country who's success does not depend on capitalism and therefore is ok to be social? I'm not sure I understand how your decision to leave reflects anything you've ever talked about. And I'm curious why you're saying we are in a deep depression when employment is up, house buying is up, stock exchange is up etc etc
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We lost over 120,000 jobs last month. The unemployment figure the government releases are not the real numbers. They don't take into account the 650,000 people who just stopped looking for work last month. In this country, if your not looking for a job, you not counted as unemployed, even if you don't have a job.
The housing market took a 30% dive in sales last month when the tax credit stopped. The housing market was a gamed market. A temporary fix to try and make things better. It, as all gamed systems, failed.
If you bought a house 2 months ago and got your 8 grand, good for you. Now the bad news. Your house is worth more then 8 grand less today then when you bought it. Ops, you lose.
The stock market is all over the place. The numbers are not important. What is a truth, is volatility is bad, stability is good. The Stock Market is definitely not stable.
And as for why move to NZ (asked by two people). First off, for small business, it's the #1 most capitalistic english speaking country in the world (#3 in all). My wife wants to open a small business, so it's perfect.
Also, it's a country of 4 million or so people. While some of the programs are not to my liking, they have the least corrupt government in the world. If I am going to pay a high tax, I would at least like to pay a governing body that functions well. They are extremely efficient. I would not pay any more in tax in NZ then I pay in the US.
As to moving, for 8 grand, a 40 foot cargo container that will hold everything I own (including two cars), will be dropped off at my door in the US, and 2-3 months later delivered to my doorstep in New Zealand. So it's easy, just a little costly.
