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


To: Hawkmoon who wrote (65144)8/10/2010 4:32:24 PM
From: elmatador1 Recommendation  Respond to of 217688
 
China will plummet only if sinking on the vacuum behind the US as reserve currency holder.

The US revenue down. Spending kept. Need to keep injecting money to keep economy from collapse.

I think this is much more serious that what is happening in China right now: Chinese are not experienced in having money and dealing with. Thus are not sophisticated on handling money.



To: Hawkmoon who wrote (65144)8/10/2010 4:45:31 PM
From: elmatador  Respond to of 217688
 
House approves jobs bill: Do states deserve $26 billion more stimulus?
The House of Representatives cut short its August recess to return to Washington and pass a state jobs bill Tuesday. Supporters say the bill is much-needed additional stimulus; detractors argue that it has too little money to really make a dent in states' budget problems.



To: Hawkmoon who wrote (65144)8/11/2010 1:29:52 AM
From: TobagoJack5 Recommendations  Respond to of 217688
 
hamoon, i wish you would just slow down a bit and consider the unlikeliness of what you take in and again spew out ...

<<In sum, the Chinese may be purchasing their homes with 30% down ... as their homes have appreciated in value, they have borrow against that appreciation and RE-LENT the funds to "shark loan" operations that are paying far higher interest rates>>

... do not be funny, for which moron in china would do home equity loans? get real.

<<It's apparently a very large series of Ponzi schemes, of which a few have already collapsed>>

... yeah, the wenzhou gang has been in operation for a whole lot of years, all the way to europe as well, and is a symptom of paper money inflation, not the cause.

the cause is epi-centered washing-new york.

but such is meaningless as the construction is real, equity true, and no derivatives piled on top. the stress-test -60%, if realized, would be great, allowing speculators to underwrite new home owners. such is the global tradition per development economics. so what is the problem?

<<I find the debate to be very interesting>>

... that pre supposes a debate, and if so, you think much too highly of yourself ;0)



To: Hawkmoon who wrote (65144)8/13/2010 11:16:02 AM
From: TobagoJack  Read Replies (1) | Respond to of 217688
 
what do you think about elmat's take? Message 26752019