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: John Vosilla who wrote (48744)	1/4/2006 3:21:47 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 110194

John <<Then you have the incredible dynamics available to all in the cheap markets in the heartland where RE opportunities today might be the best of all, few think property will ever go up and using leverage and financing available today will secure your financial future..>> The Frontline show last night on China highlighted a small(13.5k) town in Ohio that is going belly up from Chinese competition. They had two big factories churning out TV parts. WMT is the key player in Chinese imports to the US. Really quite amazing business plan. Bottom line, the factories went to China and WMT is building a superstore next door to the vacant factories. The unemployed can now get a new job for $6-7 hr instead of the $15-16 they were making. I don't see how that kind of attrition can sustain what already appears to be rock bottom real estate prices. The parting comment from the Mayor: Q. "Where are the new workers graduating from high school going to find jobs?" Mayor. "I don't know."