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New Zealand Dollar
I figure that the dollar is going to continue to decline in value as long as George W and friends are in power, so I was going to buy Euros. But then the NZ Dollar caught my eye.
I can buy a $10,000 CD in Euros and get .85% (plus what I make on the falling dollar) or I could do the same thing in NZ Dollars and make 5% + the dropping dollar.
Why the huge difference. Is the NZ economy unstable? Is their dollar historically volitile?
Gimme your thoughts.
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