Many thanks for the link. Excellent interview. I bought his 1st book the same year in which it was published. I have to admit, I found it quite hard going then. I haven't read it since, but will see if I can dig it up and reread it.
The question should really be why, despite all these various advantages, investment banks have been going bust throughout their history. Without bailouts, the rate of failure would be even higher.
How much do you have bearice? I think this giving money away idea should start with you, the proposer.
Pls liquidate your entire estate and send the proceeds to me.:cool:
They didn't say if there were some students who bought the coin, they basically gave the impression no-one bought one.
Anyway, even if there were some students who know about silver, they may suspect a con trick.
Germany has relatively low levels of home ownership, isn't doing too badly. They're certainly not relying on house prices to increase or for house sales to pick up for their economy to grow.
That GDP number sounds a lot for Egypt seeing that I know the UK is a bit over a trillion pounds.
So i stuck it into google and it says about $188 billion (http://data.worldbank.org/indicator/NY.GDP.MKTP.CD?cid=GPD_29) .
Therefore the American gift of $1.5 billion is almost 1% of Egypt's GDP.
The first time I travelled to the USA, I was amazed at seeing people living in caravans (i believe you call them trailers) in rural Florida. There were beggars and homeless people in NYC and in LA. To this day I recall this woman who was collecting 25 cent coins "because she wanted to make a...
"A protest outside Gamal's ostentatious home at 28 Wilton Place in Belgravia, central London, highlighted the family's appetite for western trophy assets."
You can have a look at this on streetview on google maps. End of terrace house, quite a few floors. £5-10 million maybe?