The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: neolib who wrote (177942)	1/19/2009 2:11:08 PM
From: Lizzie Tudor	Read Replies (2) of 306849

because China and India were supposed to carry the world this time around. That was the talk 6 mos ago, no more. There is a large brokerage house with a bunch of somewhat well known fund managers in the offices below my building. 6 mos ago they were thinking about moving the US money to China for growth. Instead Chinas economy collapsed. The top economies of the world don't collapse when one other partner falls. US was fine when Japan croaked for example, and Japan didn't blink in the 80s when US was having recessions. China was thought to be just like Japan in the 80s-not so.

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