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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (18131)4/22/2011 9:43:01 PM
From: TH  Read Replies (2) | Respond to of 119360
 
SK,

I think much of what goes on with China is a show and both sides are in on it.

But, there is a line and cross and your banker might be a bit pissy.

There is much more to this that we do not know.

I don't have the answer, but starting a real trade war is not the solution.

GT
TH



To: Skeeter Bug who wrote (18131)4/24/2011 3:19:12 PM
From: TH2 Recommendations  Respond to of 119360
 
sk,

Ok, I can't disagree with many or your observations.

I would just say that this is not a new trend and the players started the rock rolling were well aware of what the rock would smash. So, jobs are gone and now we face the question of globalization of wages while bearing the burden of truly excessive debt.

Without getting tied up in who is doing what for what gain, I'll keep it simple. The system is now doomed and there ain't jack anyone can do about it. Tearing it down, by de facto default via inflation, is what will happen. Were I think you seem to focus is on the short-term games like allowing a bout of deflation to express and thus the fatty cats pick up assets on the wholesale level. Very possible, but not very trade-able.

So, the next few years are more or less noise in the big game, which is the end of the current system, a redefining of our remaining freedoms, and then, a real rebirth for the USA.

See, I'm not a negative dood or a pessimist. I just harp on the current leadership because they are making choices to benefit the few instead of stepping up and facilitating the transition. Human nature I suppose. But saving big banks on the back of my wallet and savings is bullshit and I'm pissed about it.

GT
TH