The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (16844)	2/6/2004 6:59:52 PM
From: Elroy Jetson	Read Replies (2) of 306849

You're absolutely bang on! If West Germans could go back in their time machine they would never have made all of their useless investments in Easy Germany after reunification. They would rip down the Treuhandanstalt buildings brick by brick. They have utterly destroyed themselves over a bunch of Ossies. Reunification takes generations - do it over-night and you stall or burn-out the economic engine. Kindleberger and Stone have shown clearly how Britain invested their capital in India and the colonies ending up with nothing but: an antiquated infrastructure at home; a near total loss of foreign capital; huge home unemployment for decades after decade; a decimation of their currency; and finally a catastrophic decline in their GDP. America is inconceivably following exactly the same game plan exporting their capital and jobs to India and China, while the cocaine-addict-economist chorus sings the glories of free-trade with the largest communist nation on the planet, doo-dah, doo-dah - and our government constantly finds new ways to spin out thousands of statistical lies like so much candy floss. Go Bears!

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