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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (22827)	8/18/2002 12:10:48 PM
From: Ilaine	Respond to of 74559

But Japan and Germany in 1945 didn't have much of an economy left... Also no debt. Big change from WWI.

To: Moominoid who wrote (22827)	8/18/2002 10:32:14 PM
From: elmatador	Respond to of 74559

It is simple. The bomb raids were similar to those implosions of an old offices or housing blocks done by real estate developers. Once only rubble remains, you cart it away and build something a new on the place. See that's the catch: The economy of Japan and Germany of the 30s, were akin to this old office block standing there in a prime location. To unlock the value of the "properties", (Japan and Germany) its work ethics, technology prowess and other attractive, they have to "implode" the old building and build it anew. I noticed the same in the Kuwait invasion by the US. They were bombing like crazy all microwave towers. I was already calculating how much business Motorola, Corning, Bechtel or Lucent will be making reconstructing the facilities!