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


To: damainman who wrote (75860)12/17/2006 3:07:22 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Is China doing the LBOs? I have seen no evidence of that.

Mish



To: damainman who wrote (75860)12/17/2006 8:36:28 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
The US sold Japan a lot of grossly overpriced real estate back in the 1980s and early 1990s when that nation was riding high.

Foreign buyers often are the final greater fools in the Ponzi daisy chain.