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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (6953)	6/5/2006 2:39:09 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 217752

Dumb Indians voting themselves rich at somebody else's expense, but paradoxically, ending up in poverty. Such is what electorates do. NZ is voting itself poorer by the day. Putting currencies in their hands leads to equal financial catastrophes and human misery. Once the mobs realize they can print themselves money by voting for the politician who promises that, they will go for it like turkeys voting for an early Xmas and three new Thanksgivings a year. Unless they can look over the fence and see the sorry state of their foolish neighbours [such as Argentina, etc] who tried it and found out what happens next. Anti-gouging laws are always popular. In the Land of the Free, and Home of the Bludger, there is always baying for blood when somebody is making a LOT of money during a transient monopoly or during a shortage. Look at the whining about Microsoft and fuel shortages causing price rises and demands for politicians to lower prices. Mqurice

To: TobagoJack who wrote (6953)	6/5/2006 6:03:08 AM
From: elmatador	Respond to of 217752

Czech Republic has controlled rent too! Take away the market and this happens. Embbeded into the memory of people is poverty and threats to their lively hood. They stick to it even though it makes no longer sens that type of a arrangement. My firends still hold the tiny little apt they grew up in. If they leave the government will take from them, or give to someone poorer. Because isn't theirs they don't invest. As a result they have some wyuite derilict buildings in the city. Capital is spreading evenly into Eastern Europe. Now there's no need for that and the market will take care of that.

To: TobagoJack who wrote (6953)	6/5/2006 11:15:46 AM
From: KyrosL	Respond to of 217752

A must read for those that believe that India will catch up with China ;)

To: TobagoJack who wrote (6953)	6/5/2006 12:21:43 PM
From: 8bits	Read Replies (2) \| Respond to of 217752

"Tenants in Mumbai Will Endure a Lot For an $8.50 Flat ." A similar mentality exists in Mexico. Mexico DF (Mexico City) has very strict rent control laws which can apply even to commercial properties. It's very tough to evict people. The price controls don't go as far back as India's (back to the 1970s..) but there have been two major devaluations of the Mexico Peso in that time. Effectively some people have rent for multiple bedroom flats for less than $10. I think different parts of India are more capitalist oriented (such as Bangalore..)it seems to vary from state to state.