Hi Andy,
The Reserve Bank of NZ's been doing the same thing for the last 3 years. They've been trying to talk property prices down and the government brought in a capital gains tax for short-term owners, but all for nothing.There's been warnings of a crash for ages and one prominent local economist has egg all over his face because he told the media about 3 years ago that he was renting and not buying because of the parlous state of the Auckland real estate market.
The yuan gold moonshot appears to have flamed out, as I predicted - of course. A complete fizzer.
Donald Trump won't win, even though I sympathise with many of his views, I think it's a protest vote. The Republican Party tried to get Paul Ryan to run but he declined.
It's very quiet on the forum today, I guess it's the school holidays.
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