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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: shades who wrote (36891)8/4/2005 1:16:54 PM
From: MoominoidRead Replies (1) of 306849
 
Poor people in Germany were pretty affected by the hyperinflation too (with the proverbial wheelbarrows of banknotes), and in the cities by the Great Depression that followed the stock market crash.

Half the German Jews left Germany by 1939, but having wealth helped, with the whole world in depression there wasn't much welcome for poor migrants.

The question isn't so much about hanging onto wealth but hanging onto your life or freedom by using your wealth. You might lose a lot of it in the process.

Though sometimes the elite is the one to survive war, revolution etc. and sometimes they are the ones targetted.

I don't know, I think we maybe benefitted from not being allowed to be farmers before the Emancipation in the late 18th Century. Moved from the coutnryside to Frankfurt or America (Philly/NY) in 1860s and 70s. But in the countryside did things like flour milling, furniture making etc. We came from a village called Ziegenhain. Before the emancipation the countryside was a much better place for the Jews to live than the cities.
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