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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%Nov 19 4:00 PM EST
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To: Pogeu Mahone who wrote (43294)11/30/2008 4:06:16 PM
From: Haim R. Branisteanu  Read Replies (1) of 217879
 
the USSR never had mortgages - do you know how many new cities where build under Stalin and his followers rule? - It ended up with the collapse of the Soviet Union but not because of mortgages - but overbuilds its army

My point- as long as you build things people really need no matter how much debt is issued - they will pay it off - build something of great proportion that people do not need - as a country you go bust – too simplistic but true
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