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


To: GST who wrote (53938)2/15/2006 4:31:44 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 110194
 
Rather than calling it infrastructure . . .

it would be more accurate to call China's vacant buildings by their true name "sunk cost" and "an unrecognized loss".

I fear you are too caught up in the hysteria of the true believers in China's centrally planned economy.
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