Posted on 08/10/2010 3:13:33 PM PDT by arthurus
In the latest issue of The Casey Report, Bud Conrad does a fantastic job analyzing the truth about Asia. Japan is a ticking demographic time bomb. The Chinese government has created the mother of all bubbles and when it pops, it will be felt around the world. The China miracle is not really a miracle. It is a debt financed bubble. Sound familiar?
(Excerpt) Read more at seekingalpha.com ...
Sheesh.
I guess we still better do what Jim Rogers and all the other Next Big Dealers tell us to do and invest in Asia, the emerging market.
You can’t kill off 60 million people in one generation, kill off a generation of women right after that, practice political corruption on every level, oppress over 1 billion people, and expect fun times in the sight of God.
The Chinese authorities have printed and instructed the banks to make loans for shopping malls, apartment buildings, office towers, and condo towers. Average citizens have bought as many as five condos.
When a government official, who can have you executed, tells you to lend, obedient bankers lend. The Chinese authorities can hide the truth for a period of time, but the bad debt caused by the Chinese stimulus and malinvested in office buildings, condos, malls, and cities will eventually lead to a monumental collapse in the Chinese real estate market. This will result in a stock market crash and a dramatic slowing in economic growth.
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I don’t know. When you have a government that is all powerful, you can ORDER people to move to the uninhabited cities and get to work.
Yeah.
Wow.
Whole world about to financially implode, huh? =.=
We repeat ourselves, and repeat, and repeat. The United States with internal resources could be the paradise of the World: Eliminate Illegals, develop internal energy - fossil, nuclear, renewable, plan sustainably, trade a little, not isolationist but just a little, and have a ball.
That is NOT the way some very, very, very, sinister globalist forces want it. Can you say CFR, Rockefeller, Soros, Goldman-Sachs, et. al? The United States fought and prevailed in WWII with 187 million residents, largely Christian.
Johnny Suntrade
Wonder what the supporters of Free Trade with Communist China are going to whine about when the bubble pops (which it will)
Probably more ruminations of “Smoot Hawley Caused The Great Depression” myth....or “The Joys of Out Sourcing”
Globalism is dead....and the Liberal Free Traders better wake up to it
That’s simply unhinged . . . do you pay attention to what you type?
Well, how does that explain the downfall of the Soviet Union and Kampuchea?
That is NOT the way some very, very, very, sinister globalist forces want it. Can you say CFR, Rockefeller, Soros, Goldman-Sachs, et. al? The United States fought and prevailed in WWII with 187 million residents, largely Christian.
Free Traders are not the brightest people. Liberal Free Trade Globalism does not work...and it is time to rid the planet of such stupid economic ideas....if we do not...we will end up being run by socialists and communists
You cannot create a job in the United States of America by shipping American jobs to Communist China, India, or Drug Cartel Mexico.....that is an Economic Fact
That’s simply unhinged . . . do you pay attention to what you type?
Ahh...the Voice of Failure has returned. I think Obama has some USAID money heading your way
Economic liberty is a stupid idea. Governments should protect markets, like our government protected the housing market. Uh, wait a minute . . . .
what the heck are you talking about? When did moscow ever order people to an uninhabited city?
I’m not the one looking for handouts. Look in the mirror.
There are enough vacant apartments in China to house something like 2/3 of the U.S. population.
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