Forum Archive Index - December 2002

["nevan lancaster" <nevan@hotmail.com>]

Hi Crt,
       welcome to NZ investing. The only thing I would like to know is why 
NZ. Slovienia seems to me to have much better prospects? like you say the 
market is very similar to NZ. The countries I can tell you are also very 
similar. Lubijana and Bled are great places. We have our own caves at 
Waitomo as well. But NZ now has a GDP per capitia about the same as 
Slovenia's. Remember 10 years ago after your war of independance NZ's Gdp 
per capita was about 3 times as high. So Slovenia is catching up fast and 
has now overtaken us. Slovenia is looking to get to EU standards of living 
and has already overtaken Greece and Portugal. NZ is struggling to maintain 
our position and falling further behind the EU each year.

Personally I would to have some advice about investing in Slovenia, not to 
mention Hungary, Slovakia and the Czech Republic. These countries all have 
much better prospects for growth than NZ. Having said that its nice to see a 
Slovenian with knowledge of NZ. Usually I got looks of incomprehension when 
I said Nove Zealand. Still I think even fewer kiwi's have heard of Slovenia.

Good luck

        Nevan





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