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Politics : Israel to U.S. : Now Deal with Syria and Iran
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To: steve kammerer who wrote (3174)10/28/2003 12:11:06 AM
From: AK2004  Read Replies (1) of 22250
 
re: They didn't pay life insurance because acts of war and terrorism are excluded from all insurance policies even here in the US

Tell me more about insurance, interesting subject and I would love to learn. BTW pay no attention to the fact that I am an actuary <gggggggggg> Boy, could you tell me if it hurts to be a complete moron, inquiring mind wants to know <ggggggg>

re: Wow, that's more jewelery than all of europe had. You're saying the Jews controled the jewelery of Europe! You're a crackpot!

let me see, at standard rate of 8% per year (the value of the art appreciated at much higher rate) with 65 years worth of value accumulation that would be a factor of 1.08^65~149. That is current 100 Bill would be only = 672 million. Now let say there were 4 million Jews that managed to escape before the war, join army or partisans, or survive that would bring the total number of people who lost their possessions to 10 Mil. The total looted value only about $67 per Jew in 1948 money.

Now lets assume that there was 2% average inflation then the real rate would be 6%=8%-4%. The factor would be 1.06^65~44. That is $100 Bill today $ 2.27 Bil in todays $$$ or an average. And the looted value in today’s money would be $227 per person.

Considering that many Jews were the people of means it is hard to imagine that Nazis stole less than $10K in today’s money per person. So we can assume that the value of possessions maybe in the neighborhood of 10,000/2.27=4,405 Billions or ~$4.5 Trillion. Reconstruction of German economy was done not only through Marshal Plan but also through stolen Jewish property.

Now let me ask you again if it hurts to be a complete moron, I would like to know
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