Posted on 01/23/2010 11:48:02 PM PST by lowbuck
Artists pour into low rent, laissez-faire capital as new economy makes 20% of debt-hit city's GDP.
snip . . .
"It takes me back to when I used to go with my mother to the Reichstag in the days after the war and people were selling watches and coffee beans on the black market in an attempt to survive," she says, giving only her first name, Isabel. "In some ways it feels like Berlin is as poor now as it was then."
snip . . .
From an economic viewpoint the city is in disarray, with a jobless rate of around 17% and a debt mountain expected to total 63.5bn (£55.7bn) this year. But the flip side to its troubled situation is the rise of a new and seemingly unstoppable creative class, which economic experts say has the potential to make the capital boom.
(Excerpt) Read more at guardian.co.uk ...
Being a left wing newspaper, the article starts off all doom and gloom about how the people are suffering but then in reports on how the city is being reinvented dispite the economic difficulties.
You have to remember that to a leftist the poor are always more creative and interesting. They are more noble. lol.
Wow! I can’t believe they finally closed Templehof!
But has he been to Munich?
"At a pawn shop on Karl Marx Strasse, in Neukölln, one of Berlin's poorest districts. . ."
yitbos
"Let's face it, you can rent a place here for the cost of a storage facility in London," he says, sitting in the 8mm Bar he set up in the hip district of Prenzlauer Berg, in the former communist east Berlin. "It's a tolerant city with an incredible creative energy, and so relaxed that unlike New York you can get away without wearing designer clothes here."
Among those contributing to the creative economy are the hundreds of British (who top the list of tourist numbers) and other European clubbers attracted by Berlin's 250 nightclubs. They pile off cheap flights for overnight stays in the city, which they often spend entirely on the dance floor. Entrance and drinks cost a fraction of London prices.
How pathetic!
lol.
Did you see whats happening in Venezuela? Too bad their corporations don’t have freedom of speech.
Those crowds better not get much larger or The Kenyan will have to shake them up.
yitbos
The clubs are particularly packed the night after dole checks arrive.
yitbos
Here is a really well done blog post, amazing really:
http://daniel-venezuela.blogspot.com/2010/01/january-23-harsh-on-democracy.html
with video clips showing the difference between the pro-Chavez station and now the last free station Globovision.
>with a jobless rate of around 17%
That’s more pathetic. We need more of these Euro-weenies as cannon fodder for the Muzzies so I’m not a bit mad. I dont care if these trash..bad mouth us, just stay away. I’ll betcha there wont be “tolerance” if they ever went to Detroit LOL
I'm tired.
From the blog:
"its journalists and editors, and some of its actors and anchors will have a lot to account for as they diligently failed to even mentioned . . ."
Sound familiar?
yitbos
Yet to wealthy leftists, they’re the last people they’d ever want to live next to. Hypocrites.
“In some ways it feels like Berlin is as poor now as it was then.”
So socialism has taken them full circle. Socialism led to WWII and appears to be getting ready to do it again.
Good point.
Great scene
hypocrites is correct. Like the DUers who want to make us like North Korea and think they’ll be one of the prison administrators. idiots.
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