regarding land, owners, rights and such, i just received hsbc-sponsored weekly publication that is headed by "China’s forex holdings could buy all the land in New York, LA and Boston", noting that china is maybe much too reserved and needs to spend and spend faster than fast
if so, and in truth the spending has started, gold and hk real estate out to be first stop on the passage of money to monetary heaven, perhaps even coursing through my neighborhood :0)
given hk's superior law and fantabulous care taking, perhaps china can buy hk three times over instead of wasting time on undeserving ny, wastrel la and academically flawed boston ?
if so, would be wonderful.
mean time, much still to look forward to, just in in-tray
chinapost.com.tw
SHANGHAI -- China overtook Japan as the world's second-largest stock market by value
and, per gartman letter
we note that the very wise folks at Grantham Mayo Van Otterloo & Company report that the value of all of the shares traded on the various exchanges in China earlier this week were greater than the combined values of the shares traded in the US, the UK and Japan
we should soon enough be seeing editorials about infinite loop virtuous circles and round-and-round dynamic flexibilities ;0)
wonder when the financial houses will locate barton biggs to mouth "i am 100% maximum bullish" ala mid-1990s in shanghai |
