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

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To: TobagoJack who wrote (65081)7/2/2006 1:08:03 PM
From: russwinter  Read Replies (3) of 110194
 
In any case, the certain housing collapse, whether due simply to high prices or complicatedly to drying of Japanese liquidity, will matter to leveraged high-cost housing owners in the first instance, and will at most have a second or even third order effect to the world at large.>

Oh? If anything is high order it is your belief in the "cult of China." All I see is runaway corruption, pollution (experienced fist hand), and extreme overdependance on mercantilist exports to bankrupt nations issuing shaved Roman coins. China's been hoodwinked. At any rate what good is a higher standard of living if you're dead at 43, see photos?
xanga.com

And oh, while we're at polluting their water and air, let's just remove all health care for about half the population.
news.bbc.co.uk

I will leave the cult of China nonsense to others.
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