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The Controlled Demolition of the Economy

Posted by saucerdesigner 2 years, 4 months ago to Economics
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Excerpt: "...Imagine that you signed a 99-year lease on some prime Lower Manhattan office towers. Now imagine that those towers were consistently underoccupied and were going to require $200 million of asbestos removal in order to bring them up to code. Finally, let's also imagine that you had the foresight to make sure your insurance explicitly included the right to rebuild anything you want on that land in the unlikely event of the towers' complete destruction. In such a scenario, you might just make the calculation that it's in your interest to destroy the towers yourself and blame the act on some Muslim bogeymen. You know, hypothetically speaking..."
SOURCE URL: https://www.corbettreport.com/the-controlled-demolition-of-the-economy/


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  • Posted by $ Markus_Katabri 2 years, 4 months ago
    The owner of the towers seriously made out like a bandit with the insurance settlement.
    They’d never build them today. Not cost effective. Or particularly profitable.
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    • Posted by $ blarman 2 years, 4 months ago
      They were a grandiose architectural statement - not a business decision. Same with the Khobar Towers, etc. It's all fine to built the tallest building(s) in the world. Just recognize that was your purpose - not to have people do business in them.
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  • Posted by term2 2 years, 4 months ago
    years ago when I was in college in Boston where there were a LOT of old buildings burning down, people used to call that a "jewish fire". That was back in the day when there was no political correctness, of course.

    Today, Biden, et al, want to destroy the USA, but it doesnt belong to them !!

    He is making it more difficult to have enough fuel through regulations , and then he is getting us to use up the strategic reserve so as to get rid of what we have above ground. Bad president.

    Alternative fuels wont be ready for many years, and only when the sun is out or wind is blowing. What an idiot.
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  • Posted by $ pixelate 2 years, 4 months ago
    One of the phrases that I use to describe myself ... "I am about as subtle as the controlled demolition of the World Trade Center Complex."
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