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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (24145)1/7/2005 1:29:01 AM
From: NOW  Respond to of 110194
 
exactly.



To: jackjc who wrote (24145)1/7/2005 2:27:21 AM
From: Raymond Duray  Read Replies (1) | Respond to of 110194
 
Re: On the other hand, buying land !!!

Jewish people were buying land in Germany up until the 1930s. Bad call.

Palestinians were buying land in the British protectorate that became Israel. Bad call.

The Japanese were buying U.S. golf courses, Rockefeller Centers and other choice morsels while their Nikkei was in nosebleed terrritory at 39,000 yen. Bad call.

Thousands of immigrants were granted homesteads from the 1870s in the U.S. After investing in improvements, thousands of their descendants and some of the original homesteaders were busted in the Dust Bowl. Bad call.

And the latest winners? Homeowners of beachfront property in Banda Aceh saw their land become the new Atlantis in a tsunami second.... Bad call.

The lesson to be learned? Life's uncertain. Can I interest you in some weather futures? I accept Gold, Platinum and Americium Visa Cards.