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


To: TobagoJack who wrote (73115)4/14/2011 4:30:21 AM
From: alpine_climber  Read Replies (4) | Respond to of 218070
 
Jim Chanos is due to pitch up at CNBC this pm (am in US), i.e. in a few hours. It will be interesting to hear him "update" China's impending housing collapse that he predicted with so much conviction some 1 year ago.

I look at Amazon, the real and virtual stores that are selling everything from shoes, electrical goods, household hardware and they're all manufactured in China. So, my instincts tell me that China could be back at 10+% GDP growth, instead of a 7-8% that the government is planning on.

What is interesting is that many of the goods sold at these stores are no longer branded/manufactured by the likes of Nike, Philips, Moulinex, Siemens, etc but European sounding names, but manufactured by the likes of Anta Sports, Belle International. As for what goes inside a Renault, VW or even a BMW or Merc, I suspect they could have a lot of stuff from the likes of Minth Group......and the trend is just starting. Just look at Nike's recent stock price performance....



To: TobagoJack who wrote (73115)4/14/2011 5:11:59 AM
From: elmatador  Read Replies (2) | Respond to of 218070
 
why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted?

In China, legend says, there is shot and even the bullet must be paid for.

But in the west:

In Financial Crisis, a Dearth of Prosecutions Raises Alarms

nytimes.com

Maybe it is the VVV MQ keeps talking about...



To: TobagoJack who wrote (73115)4/14/2011 8:44:57 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 218070
 
Down payment rules.. 30% first time buyers... 60% for second or more homes.. new Beijing arrivals now require 5 tear residency prior to first purchase ?... how long has 30% for first home been in effect .. do you know... certainly a different idea than what happened in US and even Canada until recently....

I know I current home dropped almost 30% in first two years after purchase.. but I had 40% down...