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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (49746)	4/17/2006 11:02:28 AM
From: critical_mass	Read Replies (3) \| Respond to of 116555

I currently live in Berlin and find it an interesting place, but wonder about the economic viability sometimes. While the seat of government brings in plenty of money, it is a city of 3 million with no major corporations outside of Sony Germany and (soon to be Bayer) Schering Plough. After Schering gets gobbled up, there will not be a single DAX 30 company headquartered in Berlin. 17 years after fall of the wall, companies from the west have not set up major offices or production facilities in Berlin to a large degree. Last summer, a contact was helping a Chinese woman that was setting up a business to purchase five star hotels in Berlin. I was just curious if you see some major development in Berlin that is not obvious to the locals. Good luck.