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


To: TobagoJack who wrote (64938)7/29/2010 1:06:12 PM
From: Canuck Dave  Read Replies (1) | Respond to of 217588
 
So those workers now making a dollar an hour will soon be making a buck-fifty?

How many million dollar apartments will that support if there is a currency scare and interest rates rise?

I know it's possible for a country to grow its way out of debt, Jay, but my ancestors come from the dirt poor industrial towns of England (which accomplished the debt feat in the 1800's), and they didn't have no country homes.

The panic of 1876 grab you?

CD



To: TobagoJack who wrote (64938)7/29/2010 11:46:37 PM
From: Arran Yuan  Respond to of 217588
 
news: china is actively considering, and government openly hints in media that legislation shall be put in place to index wages to ... INFLATION
classic spiral action on way


Yes, indeed! Finally, the policy makers are trying to address some problems from the root, after having played the piggy backing game to almost a fullest extend. Crude and shrewd!

imo, if in china/hkg, buy real estate, and everywhere else, getgold, so that one can partake in spiral powered by all large economies, and billions of folks

Still, real estate should experience a setback in the mainland if I am asked, although its timing is uncertain primarily due to the degree of alignment with global financial reset. Tricky, extremely tricky for me. Not nearly as "at more transparent wet work", need to find a bright mathematician work on my fuzzy math model O:). Now, I understand more than usual to appreciate that it is easy to say "timing is everything" than actually practice it right.

It is also very important for me as I only have a free, as it is sponsored by my university, 1400 sq-ft dwelling place adjacent to the East Lake with heater, a very comfortable one. So nominally, I own no real estate at all and I don't think I would like it for long. Not so comfortable after all, although I have some pandas, philharmonics, eagles and kangaroos, and some "junk ag" as they call it in USA.