Zombie Democracy – Apartheid Fort NZ

Welcome to World's Deadliest Tourist Attraction – The Final Destination! Toxic NZ visa priority: Chinese spies, Mossad, assassins, foreign SIS recruits, human & sex traffickers, drug lords…

HAS NZ DOLLAR MELTDOWN STARTED?

Posted by te2ataria on June 20, 2009

sent by a reader

Thanks to ING NZ and ANZ, which owns half of ING NZ, investors are about to lose at least 40 percent of their money

Two fraudulent funds, the ING Diversified Yield Fund (DYF) and the ING Regular Income Fund (RIF), which brought in about $700m of investors’ money at $1 a unit, are now worth about 22 cents and 19c respectively.

AND this is just the tip of banking and securities fraud iceberg in New Zealand.

dollar-nz
As Fake as Sir Ed! Your NZ dollar may soon be worth about 20 percent of its current “value.”

Related Links:

UPDATES:

4 Responses to “HAS NZ DOLLAR MELTDOWN STARTED?”

  1. zzz said

    Maybe oil will save them.
    http://www.stuff.co.nz/business/industries/3059510/New-Zealand-set-for-an-oil-bonanza

    “More offshore wells have been drilled in the last two years than the rest of the decade combined: 35 on and offshore wells were drilled between January 2008 and July 2009 alone.”

  2. P.D. said

    I do not know how they would reconcile the ecological brand they’re trading in with the inevitable oil well leaks into marine ecosystems. Key’s administration is marching ahead trying to drum up cashflow, but the tourism board is still beating the tired old Pure Drum. Watch the scrambling as the chips fall into the gap. 🙂

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.