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: Smiling Bob who wrote (264053)	7/26/2010 2:16:50 PM
From: tejek	Read Replies (1) of 306849

Do you see the problem and common theme? It's all about growth in Asia ie. China, and that growth in a repressive Communist country is not something that can be relied upon to pull the US away from its death march. Calling China a communist nation is a contradiction in terms. Chinese econ. reforms in the 1980s led to China developing its own form of capitalism and therein lies the contradiction. A nation can't be both communist and capitalism. In truth, China is a repressive dictatorship that has become less so over the last 20 years. Its economy is now second largest in the world soon to be the largest and the largest exporter. China's economy is large enough so that it can pull the world out of a slump just as the US has in the past. American companies are playing games as can be seen in this article here: Message 26710655

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