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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (59860)2/2/2005 2:57:45 AM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
There are currently some issues in China that could end all with hard landing, ala 1997 Asian Financial Crisis, but should these issues be managed by the Party/Government/Officialdom, then perhaps soft landing.

There is also the possibility of mid-air explosion that precludes any kind of landing.

The issues revolve around bad loans newly issued over the past 5 years, and where they got to ... finance companies, trust guarantee entities, brokerages, rewal estate companies, and such.

We shall see.

Chugs, Jay