Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (43840)	10/20/2005 4:16:38 AM
From: TobagoJack	Respond to of 110194

I see chaos and turmoil in the closely connected systems of USA and Asia, but perhaps not a global meltdown, as in Europe ex-Britain may not suffer much. I also believe recovery will be quick in Asia and slow in the US, as the systems de-couple. I am also prepared to be totally wrong.

To: Haim R. Branisteanu who wrote (43840)	10/20/2005 8:40:10 AM
From: CommanderCricket	Read Replies (1) \| Respond to of 110194

Haim, I used to fly into Beijing and drive to Tianjin several times a year. Also had a sales office in Pudong (Shanghai). If you looked at the homes in the countryside, it doesn't take a leap of imagination to guess why these people want a modern 500 sq ft apartment in the city. With a high savings rate and 50% down, many are going to buy apartments and the developers will provide them. The demand for housing in China is beyond anything I could describe here. There are real reasons why Shanghai has built over 4,000 high rises over the since the early 80's. The urbanization of China is massive. Michael