Quote Originally Posted by macduffy View Post
That's right, GTM. Once Australia had a guarantee the NZ govt had no option but to follow suit to prevent a massive outflow of funds over the Strait. And, of course, the (mainly) banks paid a fee for that, little as it was.

All water under the bridge - until the next time?
There's no law against stupidity - as long as investors believe in what the crooks out there tell them, there will be the next time.

New cases emerge every month of more scams and ponzi schemes out there.

Meanwhile, the naive and gullible continue to send money overseas in search of love from Nigerians - tens of millions of dollars every year.