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China Goes Down?
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When , and not if they go down, expect it to get ugly real fast! And when it happens you can take it to the bank the rest of the world will follow. Except in some country's, in the southern hemisphere.
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The Chinese government wont take any crap from its people and when it comes right down the the wire they will send in the army to kick ass and it won't matter how many of its people have to die.......I hope that they don't allowed the Chinese people to become to "Americanise" as it happened in Japan..........if it happening then what is happening here will happen there.
Am I anti-American?.........NO only anti government, after all, look what is happening to our land where we have given control of it to a "shitty little country from the Middle East". |
Don't worry about the Chinese real estate market. We are sending them our NAR- National Association of Realtors to work on their numbers.
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Anecdotal evidence?
http://www.vancouversun.com/business...#ixzz1gpAAaM9X According to the report, the total value of all [building] permits in B.C. on a seasonally adjusted basis was $703 million in October, down 39.9 per cent from $1.17 billion in Oct. 2010... For residential intentions, values dropped 38.8 per cent year-over-year to $485 million in October 2011... In the non-residential sector, values dropped 42 per cent year-over-year to $218 million... The value of permits by metropolitan area showed that Metro Vancouver recorded a 55-per-cent drop year-over-year to $388 million in October from $855 million in October 2010 |
When China gets religion, they won't need a Star Trek type transporters.
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