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User Info Why we will experience deflation; entered at 2007-12-02 09:11:21
Aac123
Posts: 1534
Registered: 2007-09-23
I should add that I have lived in Germany for a period of 5 years.

Have not lived in the US but been there many times and have of course been bombarded with Americal media.

The difference IMO is that when Germans want to get rich, in general, they think of a starting a real business that produces real goods.

Yes, they also speculate but nothing like the US. There's no doubt a difference in thinking.

So carry on with your speculation and enjoy the recession/depression.
2007-12-02 09:11:21