Black Monday

[Panda-NZ-]

All the import substitution enterprises will struggle too.
Like sleepyheads new 2.4k jobs in waikato.

We don't need another solid energy type situation

[Biscuit]

All the import substitution enterprises will struggle too.
Like sleepyheads new 2.4k jobs in waikato.

We don't need another solid energy type situation

A good lesson in life is not to worry about things you cannot change, that may not happen and that are primarily other peoples problem anyway. Focus on your portfolio, change always brings opportunities to make money.

[Panda-NZ-]

I'm mostly in bank shares currently.

I will continue to speak out on trends which are bad for NZ though.

[Biscuit]

I'm mostly in bank shares currently.

I will continue to speak out on trends which are bad for NZ though.

Yes, I've been buying bank shares, they should do well in higher inflation times. My dad used to worry about stuff ... the world running out of oil (this was in the 1970s) etc etc... the things he worried about were essentially irrelevant to his own life and he died in his 60s not exactly poor and miserable, but the middleclass version of that.

[Panda-NZ-]

I'm rather interested in health too.

No reason we can't be immortal eventually...

Maybe a quantum computer will solve the "golden equation" to prevent all biological disease and aging and even that is only one approach of many viable paths for achieving it.

[Panda-NZ-]

Sadly the bank shares and ETFs on the NZX are affected by exchange rates too though.

[Biscuit]

......No reason we can't be immortal eventually....

Panda, you either are immortal or you are not, it is not something you can eventually be. Also, if you live long enough, you will be killed by accident. That is why evolution did not bother to select any immortal individuals.

[Panda-NZ-]

There's no use for evolution when we have control over it today (and hopefully driven by ethics ).

The good news is that international fertility rates are declining across the board which allows for more people who want to live longer in good balance with the environment.

[Panda-NZ-]

The movie idiocracy provides a good insight into how natural selection works in a modern society.

The intelligent individuals become overwhelmed by those who can breed more successfully.

[Biscuit]

The movie idiocracy provides a good insight into how natural selection works in a modern society.

The intelligent individuals become overwhelmed by those who can breed more successfully.

You will be dead long, long, long before natural selection has any noticeable effect on the characteristics of our society, so, like peak oil and trends that are theoretically bad for NZ, my advice is don't worry about it.