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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (32927)4/11/2008 11:20:00 AM
From: blazenzim  Read Replies (1) | Respond to of 217705
 
Good luck TJ. Owning illiquid, debt trapped assets in a credit crunch is not my idea of a good time.



To: TobagoJack who wrote (32927)4/11/2008 1:38:33 PM
From: Rolla Coasta  Read Replies (1) | Respond to of 217705
 
TJ,

hk ranks 17th in external debt last year.

cia.gov

Does the high debt pose a threat to real estate if HKD collapse along with USD?

Mac



To: TobagoJack who wrote (32927)4/12/2008 3:56:29 AM
From: elmatador  Read Replies (2) | Respond to of 217705
 
"barely recovered to 1997 nominal price level" This serves as evidence of the effects of a "flight for quality". 11 years to recover from the attack.

People have to understand the accummulation of reserves today under this perspective: Countries need to be prepared for the looting that have been engendered in a once-a decade regular basis by the capital hoggers.

No one wants anymore to get into that position.