Shanghai real estate is crashing as we SI
Japan is at the bottom
HK is in danger, but floating on liquidity at the moment
No one in the neighborhood, and least of all the S.Koreans and the Chinese, are worried about N.Korea, but yes, I can see how a market looking for an excuse can trigger events
Then again, looking at the situation from another angle, as in Japan inflates money supply even more to generate 'wealth-based' capital to re-arm, and the second order effects of such capital can levitate regional economies due to need to import and hollow-out higher costing domestic production, etc, and same again with increased capital flight looking for genuine growth.
Had Adam been Chinese, he would have ate the snake and spared the apple, ad we would all be in primal garden still :0)
BTW, regarding <<If everyone is debt free, what would happen to the world ? impossible to grow >> ... there is a matter of degree of indebtedness, ranging from free to prudent, wise, astute, burdensome, heavy, imprudent, silly, crushing, and oops. |
