SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (83615)11/24/2011 6:30:35 PM
From: Snowshoe  Read Replies (1) | Respond to of 218295
 
Everyone is waiting for the fat lady to sing... ;)

youtube.com



To: TobagoJack who wrote (83615)11/26/2011 6:47:59 PM
From: Hawkmoon12 Recommendations  Read Replies (1) | Respond to of 218295
 
TJ,

Remember when you once told me that the empty Chinese city of Ordos would eventually fill up and prosper because of all that mining they were going to do.

Seems that the price of the average home on that empty, but beautiful, planned community have declined by 60-70%

globaleconomicanalysis.blogspot.com

I also recall you told me that most of that RE was paid for in cash, with minimal debt.. representing the savings of quite a few Chinese "savers".

Well.. those who "saved" their money by speculating on Urdos property, just lost 60-70% of their savings, right?

But maybe now there are some chinese who can actually afford to move in.. Those who didn't participate in the Loan Shark development schemes.

Hawk



To: TobagoJack who wrote (83615)11/27/2011 11:07:04 PM
From: 2MAR$  Read Replies (1) | Respond to of 218295
 
Faber buying "high quality" #China stocks http://t.co/fBkTNMdn some trades you might like to track .

Futs rallying tonight on euro hope

IMF to offer Italy a 600 billion euro bailout via ECB funding
Political Economy | Edward Harrison | 27 November 2011 07:48

http://www.creditwritedowns.com/2011/11/imf-ecb-italy-600-billion-euro-bailout.html