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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (26336)	3/25/2005 6:08:56 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 116555

Drs. Roubini and Setser have just returned from China. They have posted some of their observations and it is very interesting reading. Setser: Trans-Pacific Real Estate Bubbles roubiniglobal.com Setser: The $1.3 billion question: What will happen to the renminbi roubiniglobal.com Roubini: China Impressions..and Surprises... roubiniglobal.com My reaction: How dependent is the US on a nation (China) that is still partially centrally planned, with extensive corruption both in the financial sector and in local government? Brad's description of land use and the "Iron Triangle" (local government, banks, developers) is fascinating!