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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (327675)	3/1/2007 12:15:58 AM
From: combjelly	Read Replies (2) \| Respond to of 1578021

"The shut down and sell off took place almost immediately and with the stupid 1:1 exchange between West and East German Mark their industry was doomed anyway." Pretty much. So East Germany is the German equivalent of the American South. How long before they reach rough parity? Here, that took over a century. Until the late '70s or so, the American South was the dumping ground of northern industries in search of cheap labor and a place to move obsolete equipment. I pray that Germany doesn't go through the same sort of thing. People with an obvious Yankee accent often had a short life expectancy. And that was true until the Great Growth Spurt happened during the '70s. After that, people were too busy rising out of grinding poverty to hold the old grudges. Despite what Shorty likes to think.

To: Taro who wrote (327675)	3/2/2007 1:46:31 AM
From: tejek	Respond to of 1578021

In addition, I think the West Germans were too quick to poo poo East German industry as inferior. It might have worked better had they allowed the industry that had some potential to evolve over time instead of shuttering most of it indiscriminately. The West German industry never wanted to get competition, they wanted a new market for their products. That makes sense.......they ended up paying big time for their 'new' market. It never was in the plans to keep even parts of the East Germany industry intact. The shut down and sell off took place almost immediately and with the stupid 1:1 exchange between West and East German Mark their industry was doomed anyway. Yes, that's what I mean. They should never have put the two marks in parity right from the get go.