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

To: arun gera who wrote (71103)	2/7/2009 4:11:58 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

Arun, I admit to guessing badly. But 1% is better than nothing and there was no doubt a lot of trickle down effect. I saw a lot of buildings there which were obviously built during the good old days, and not much since. It looked like more than a 1% improvement. Don't forget India was still run by Indians with a minuscule British population. All the British did was supervise various aspects. Mostly Britain pulled out of places simply because the local yokels wanted to run the show. Zimbabwe was an example with Ian Smith wanting to run it and increasingly doing so, with Mugabe's marauders wanting to take over too. Mugabe eventually won and you have now seen the effect of local yokels taking over from civilized people. It is not necessarily a good thing. South Africa is hardly a booming success either but has not descended into Mugabe mess. I don't inherently object to being colonized and have opted for it personally by migrating to places where I'm just a low-ranking immigrant, with no vote, no rights to speak of and working for relatively low pay compared with the locals [they only bring we immigrants in coz we do it better and cheaper]. NZ is going so fast down the gurgler, we will be ready for colonization soon. It looks as though NZ will become part of China. The crime rate is approaching Brazil's. GDP per person is sliding down the world rankings. Debts are huge. Netherlands has now issued a travel warning regarding NZ [threats to personal safety] nzherald.co.nz It's not the buccolic barefoot paradise of the 1950s where houses were not locked and murder was unheard of. Mqurice