Re: Copper theft
- From: John Larkin <jjlarkin@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>
- Date: Fri, 15 Sep 2006 16:09:28 -0700
On Fri, 15 Sep 2006 23:44:05 +0100, Eeyore
<rabbitsfriendsandrelations@xxxxxxxxxxxxxxxxxxxxxx> wrote:
John Larkin wrote:
On Sat, 16 Sep 2006 00:12:53 +0200, martin griffith wrote:
"Michael A. Terrell" <mike.terrell@xxxxxxxxxxxxx> wrote:
martin griffith wrote:
At least the Yanks originally left/escaped europe to set up their own
immaculate system of government.
Thank God they made the effort, too.
True. But it does seem that the US system has passed it "sell by date"
with its terminally damaged consitution and maybe the EU can learn
from the failure of the USsystem ( unlikely)...
<sigh, bury head in bucket of sand>
But the USA is doing fine.
I just heard your property bubble is about to burst.
Well, keep on hoping. What I'm seeing is a slowdown in the rate of
increase of property values. And, anyhow, are high property values a
good thing?
Europe and Japan are facing economic and
demographic time bombs.
You have to be joking !
A 1.2 birth rate per woman, and an ageing population that works fewer
and fewer years in a lifetime, well, yes, that's pretty funny. This is
a slow-motion avalanche, on its way down the mountain, probably
unstoppable. Mind you, I don't find this prospect pleasing, whereas
you seem to relish the prospect of misery in the USA.
What will be interesting is to see what happens to property values in
countries with declining population and a disappearing industrial
base. The obvious comparison is to the Great Plague, when entire towns
were abandoned back to the wilderness.
What economic time bomb ? It's the USA that's running a huge budget deficit and
whose currency's value is gradually eroding.
But none of that matters. Stuff is too cheap here anyhow.
John
.
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