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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (69593)9/27/2007 5:48:42 PM
From: Sea Otter  Read Replies (1) | Respond to of 116555
 
Beneath Booming Cities, China’s Future Is Drying Up

nytimes.com

Wow.



To: Bucky Katt who wrote (69593)9/27/2007 9:04:49 PM
From: koan  Respond to of 116555
 
Marc faber:

“When asset prices are going up, they appear to believe there is no reason to interfere.
They only interfere when asset prices are going down.
That’s a massively asymmetrical approach to the problem.”

Yeah I liked his explanation's best weeks ago.

Bill Gross gave it away a day or two earlier saying "a friend of mine said hosuing prices were dropping faster than the great depression." He coded it-lol.