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


To: Rolla Coasta who wrote (62740)4/13/2010 4:21:16 PM
From: elmatador  Respond to of 219658
 
Monday, May. 17, 2004 China: Time to cool down. Fear China outbids it for steel, Oil and the rest of it makes the world reams of a cooling down.

SIX YEARS AGO IT WAS GOLD COURSES

It's because mainland property developers seem unable to stop building them. China has an estimated 200 courses—not a lot for a nation of 1.3 billion, but hundreds more are planned or under construction.

...

Still, it's far from certain that China has the policy tools needed to avoid a crash.

YES, SIX YEARS AGO CHINA WAS AVOIDING A CRASH.

The worst-case scenario, he says, is the simultaneous occurrence of higher oil prices, higher U.S. interest rates, lagging growth in Europe—plus a hard landing in China.

YES, SIX YEARS AGO, A HARD LANIDNG WAS EXPECTED.

Read it here.
time.com