I am reminded of a story I read many years ago. A Chilean business owner had his business nationalized. They paid him a "fair" price. But he had no place to put the money, no credible investments. Because of capital controls, he could not put the money elsewhere. Added to this there was hyperinflation. He spent many of his evenings in a casino gambling.
In a world where there are no investments that make sense, what do you do?
MILAN (AP) -- Lamborghini says its worldwide deliveries of super sports cars rose 30 percent last year to 2,083 units but remained shy of pre-crisis highs.
The Italian carmaker owned by Volkswagen said Tuesday that deliveries were up by half in its top U.S. market and up by 34 percent in Europe despite the region's financial crisis.
Revenues for the year were up 46 percent to (EURO)469 million ($610 million).
The car company, based in Sant'Agata Bolognese, sold a record 2,430 cars in 2008 before the global economic crisis devastated the luxury market.
Last year's sales comprised 922 new Aventador LP 700-4 and 1,161 Gallardos.
Lamborghini previewed the one-off Lamborghini Veneno at the Geneva Motor Show last week to mark its 50th anniversary.
You do not need a Lamborghini to leave Babylon, in fact owning one will keep you in Babylon.