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To: GeronL

A bunch. They’ve been buying used ones here and refurbishing them there ever since that Lebanon deal.


22 posted on 07/26/2014 4:04:52 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: fella

It’s notable that after our housing bust in ‘08 there was heavy construction equipment for sale all over the US and it mostly sold for heckuva low prices. I expect the Israelis were right in the middle of buying, especially at the auctions. I remember one auction especially, in Florida, about ‘010 when some 10,000 pieces of heavy equipment sold, all at the same auction. Machines like these D-9’s sold for around 1/10 of their new price-—banks took some real beatings on the stuff.


32 posted on 07/26/2014 5:36:41 PM PDT by cherokee1 (skip the names---just kick the buttz)
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