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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (59434)4/25/2006 11:34:30 AM
From: UncleBigs  Read Replies (1) of 110194
 
You think 2000 high rises per year in Shanghai is sustainable?

What happens when they cut that back to 200 high rises?

That's a lot of steel, copper and other natural resource demand that evaporates.

The next global recession will create a supply glut that we haven't seen in decades. Just as new supply is coming on stream.
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