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

To: TobagoJack who wrote (135785)	9/28/2017 8:59:09 AM
From: bart13	Respond to of 218460

elroy cannot help himself, and so we must try to help him, as long as it remains illuminating and fun, and it should, over the next few years, probably beyond 2020. it is great to have a diverse thread ! My comment participation on ElBot posts comes & goes as the mood strikes, but mostly I defer given how many are in ignore mode on him and his fantasies and diversions. It being the intertubes, one has to expect a minimum of trolls and dain bramaged folk too, and he's the primary one to have elected himself... c'est la vie. I must admit that it sure can be amusing sometimes, and like a game of air hockey in blowhard mode. <g> A few drams of single malt on my desk does help keep the games amusing and sometimes even educational. <g>

To: TobagoJack who wrote (135785)	9/28/2017 8:04:56 PM
From: John Vosilla	Read Replies (1) \| Respond to of 218460

Elbot is pure mainstream media talking points these days. I've moved on from all the Russia, racism, refugees, all Trump all the time nonsense of today's popular culture. China’s mortgage debt bubble raises spectre of 2007 US crisis Many young homeowners in booming cities owe more than they earn, and some even falsify salary details to get bigger mortgages Rapid urbanisation, combined with unprecedented monetary easing in the past decade, has residents in their 20s and 30s view property as a one-way bet because they’ve never known prices to drop. At the same time, property inflation has seen the real purchasing power of their money rapidly diminish. “Almost all my friends born since the 1980s and 1990s are racing to buy homes, while those who already have one are planning to buy a second,” Mai, 33, said. “Very few can be at ease when seeing rents and home prices rise so strongly, and they will continue to rise in a scary way.” The rush of millions young middle-class Chinese like Mai into the property market has created a hysteria that eerily resembles the housing crisis that struck the United States a decade ago. Thanks to the easy credit that has spurred the housing boom, many young Chinese have abandoned the frugal traditions of earlier generations and now lead a lifestyle beyond their financial means. The build-up of household and other debt in China has also sparked widespread concern about the health of the world’s second largest economy. http://www.scmp.com/news/china/economy/article/2112873/chinas-household-debts-soars-it-being-stalked-subprime-spectre