The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (59466)	4/25/2006 8:38:16 PM
From: TobagoJack	Read Replies (1) of 110194

gst, by what is on my desk, it appears that the prc market has some 10-bagger real estate opportunities materializing from a pool of 'best kept secret' npl workout candidates that had been cronied away from the banks instead of shuffled into asset resolution entities. so, yes, new real estate debacles will eventually replace old real estate debacles, but as you noted, so what? what does it matter, as 200-300 million folks will urbanize in not so long, from villages to townships, and from towns to cities? what does it matter for rapid and huge build out of infrastructure if such had not been built for the past 300 years? and so you are correct, for this time it is different, and deliciously so. chugs, j

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