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 Real Reason the Market Skidded Yesterday
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*Mid-week market update:* I noted on the weekend that the S&P 500 was at
the end of a upper Bollinger Band ride, and such instances usually resolve
in cons...
1 day ago
Thanks for the link.
ReplyDeleteIt sounded really scary if the chinese RE bubble does blow up.