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

To: John Vosilla who wrote (134612)	7/16/2017 12:36:38 PM
From: TobagoJack	Respond to of 219870

Re <<True but to be blunt and maybe not too politically correct am sure you know we have a certain demographic problem here in the states that you don't while London and large European cities have a quite different immigration challenge facing that you also don't>> ... could be completely valid or irrelevant excuses, special circumstances, etc etc, but the numbers do not lie irrespective of details, per whatever is is. Re << They collect from gov't, game the system and cause most of the violent crime.>> ... so i understand, but then am told "what made 'them' that way? blah blah blah. fact remains, per family value, social cohesion, and lack of history of imperialism and its blow-back legacy, what is is. Re <<Actually those laborers who came to HK for work are heroes to me doing what they do in the middle of seeing incredible wealth and prosperity of the new age Gilded elites pass them by every day.>> ... many, if not a majority, of the folks resident on hong kong are not 'of hong kong', and so a lot of people came to hong kong. The crux may be what they brought to HK as opposed to whatever HK may have imparted to the guests that turned permanent residents. Re <<NYC I believe 2M of 8.5M residents are on the dole today. 60 years ago when costs of living were very low, wealth disparity at lowest level ever while monetary and fiscal policy were sound the handout culture barely existed.. Most everyone my family immigrated to NYC 1940's and 1950's started at the bottom with nothing like those people from your mainland.>> ... it would be a mistake to believe most immigrants from the mainland are fabulously wealthy. The majority simply work harder, study more diligently, save save save, invest, and keep to family values. Re <<Big difference was they could save a lot of money fast and within years buy a 2-4 unit building and build their wealth and equity over a lifetime in a dramatic way not possible anymore for most laborers. I caught two nice up waves over here RE 1991-2005 and 2009-?? so did very well in this world of financial engineering on steroids that unfortunately doesn't reward honest hard labor much anymore unless you stay single and shack up with grandma saving all your hard earned cash for 20-30 years then move far far away to a low cost area. Of course in NYC multiple generations of families recent immigrants from Asia do something similar shack up save, save, save then buy high priced high rent properties together it seems around the boroughs. You can see the parking nightmare in those hoods of Queens these days didn't exist back when I lived there.>> ... the kernel of the crux of the central issue may be the 'fiat money inflation in france' protocol that is not only making it difficult to the next generation / next wave, be they youngsters or immigrants, and making it hard for everybody; but i guess the FED is tee-ed up by for the people by the people protocol, and so the people get what they tee-ed up.