Phil > Many people are worried that China is one big bubble ready to burst.
I think the contrary. In my opinion, China is the next world superpower and is growing from strength to strength.
> Here is another piece about the real estate bubble China.
Interesting. Looks like the same is happening in Australia.
moneymanagement.com.au
> if China collapses, what are the consequences for the rest of the world?
The West will have to start being productive again. Virtually everything one buys these days is, to a lesser or greater extent, made in China.
> Gotta keep those bubbles going, at any cost!
Certainly no bubble in the Chinese stockmarket. (Maybe in the Chinese supermarket!)
stockcharts.com[l,a]dalaynay[de][pd150,2][ilb14!la12,26,9]
Likewise, Taiwan
stockcharts.com[l,a]dalaynay[de][pd150,2][ilb14!la12,26,9]
Or Hong Kong
stockcharts.com[l,a]dalaynay[de][pd150,2][ilb14!la12,26,9]
> Scenes from China
Incredible. Thanks very much. |
