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


To: Moominoid who wrote (66713)7/30/2005 12:31:41 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
china depression is unlikely, even in the event of global depression (you heard it here first), contrary to conventional wisdom

because there are still entire new cities to be built with printed cash, and personal savings high

recession in some sectors have started, and so equity market is at multi-year lows etc

general recession will likely follow global recession

suspect folks will not only be refusing to buy prc equity as they are already not buying, but will not wanting to be talking equity in all markets

it is still not clear to me what to buy when and how much, because casualty will be high

so, eyes not on china, for me, but on us housing, for there is the key stone and store of equity, the removal of which will ... not be bullish ... for all

let's watch