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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (177912)1/19/2009 12:49:17 PM
From: neolibRead Replies (1) of 306849
 
The minute the US sneezed china practically collapsed and that means their GDP figures are overstated.

Why would you claim the above? High GDP growth (or even just GDP itself) says zero about how an economy is structured. China has a high GDP growth because they had both very high export growth and internal growth. The internal growth is leveraged off the export growth, which is what came to a screeching halt when the US had problems. Consequently the internal growth is also screeching to a halt.
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