The current state of the NZ economy

[SARGE]

Happy to swap bodily fluids with 'em if they're cute too.

im cute ....

[ManDownUnder]

If you mean that the RF will go up in value? all I can say is good luck with that then

aaaa yes - myopia at it's finest.

Let's say I didn't buy the RF at $6,300, and spend 8.8c/km riding it (I'll leave out the other factors for the time being... let's call it a round 15c/km shall we) ok... so it's gone from being worth $6,300 to about $2,500 in the space of 50,000kms.

Total cost of travel = $7,500 variable + $3,800 depreciation... holy shit batman - that's $11,300 for 50,000kms!

I shouldn't have bought it - clearly - I shoud be taking the bus! ok... so $7.50 per journey, $15.00 return to work every day.

Here's your homework - How many days does it take before the bus is the less attractive option - which brings me onto rule #2... minimise expenditure. What's that break even point assuming the values given?

I've owned the bike 5 years now - am I ahead of the game. If not, when will it happen. If so - by how much?

Keeping up with Joneses is a dumb move when the Joneses are living well beyond their means.

[ManDownUnder]

im cute ....

In a "Please put your clothes back on sir" kind of way - sure. I'm not that kind of boy though

[RantyDave]

How many days does it take before the bus is the less attractive option

It's a trick question. By the time you've done the first journey by bus you no longer care what the alternative is. Hence people commuting in cars.

Dave

[MisterD]

IP carries the potential of generating exponential amounts of value, whereas revenue from milk powder, wood chips and billable lawyer hours can only grow linearly based on how many cows, pine trees or lawyers you can farm.

..and here's me thinking the point of IP accumulation was to grow rich off the back of licencing deals and sueing for patent infringment..

[jrandom]

grow rich off the back of licencing deals...

Isn't that more or less the definition of selling software?

sueing for patent infringment...

The last resort of the incompetent.

[Pixie]

http://www.scoop.co.nz/stories/HL0704/S00349.htm

Interesting. Why the free market does not work for New Zealanders.

Skyryder

The free market does work.
It's just that too many NZers think it means they should expect to be given stuff for free.

[Pixie]

A 'knowledge economy' is based on the generation of intellectual property rather than products or services. You can't have a whole world being a knowledge economy - someone's got to grow the corn and dig out the coal. But NZ's small enough that it has the potential to exist at the tip of that pyramid.

Unfortunately The Green Fuckers in Europe are already indoctrinating their disciples to the effect that,importing food from the antipodes, is a sin against their primitive religious beliefs

[Mr Merde]

If you're going to hold a wise-up session on LAQCs and the like for MDU, can I come too? It's all Greek to me.

Me too, I hate giving away my hard earned cash to those who havent earned it. For services I dont get and for that self perpetuating mostrosity called "government"

Mr


I belong to the least represented most repressed section of NZ society.

Employed, middle class, "white", heterosexual, and male.

We support all the rest of societies fuck ups

[mangell6]

The free market does work.
It's just that too many NZers think it means they should expect to be given stuff for free.

Oh so true!

My daughter and her Fiance are looking at purchasing a house in Lower Hutt, they "SAVE" their money, they have a "CHEAP" car, they "SAVE UP" to BUY things, they still get caught up in the "get it now, you deserve it" as we all do from time to time.

There seems to be lots of small businesses in New Zealand where the knowledge that the owner has seems to work rather well for them.

I realised the other day that it had taken us about five years to get our first home, both working and "SAVING", it was "below average". It took us even longer with children and one income to get to an "Average Home".

But I forget that we should have our cake and want to eat it as well. Long live the workers that they may keep the consumerism rampant and the banks in business.

Mike

PS How many NZ banks are there??

[Skyryder]

The free market does work.
It's just that too many NZers think it means they should expect to be given stuff for free.

Wrong Pixie so wrong. What there are to many of in this country are the 'freebooters' who contribute absolutely nothing to our economy. Parasites all. I see little difference in them than the people that 'expect to be given stuff for free.'

For example the money traders that the article I posted about are 'not' getting anything for free.

Skyryder