China's RE bubble will burst. You can replace the word China with BC and it resonates perfectly. Also our market seems to be linked to theirs now, so we should keep an eye on this:
http://www.charlierose.com/view/interview/10960
The Three Most Important Words in Investing
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*Mid-week market update:* As expected, the Fed stayed on hold today and
took a wait-and-see attitude on the timing of rate cuts. While economic
data has so...
14 hours ago
Thanks for the link.
ReplyDeleteIt sounded really scary if the chinese RE bubble does blow up.