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
How frothy is the stock market?
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*Mid-week market update:* Now that the Dow, S&P 500, and NASDAQ Composite
have risen to an all-time high on the back of a slightly softer than
expected CPI...
14 hours ago
Thanks for the link.
ReplyDeleteIt sounded really scary if the chinese RE bubble does blow up.