Apr 9 2015
The mega Chinese stock market bubble:Â Over half of new investors only have a junior high education or less and the Shanghai Composite is up 100 percent in one year.
I still have vivid memories of Japan’s massive bull-run in stocks and real estate. For many years the consensus was that Japan had found a secret method of perma-growth and prices would only go up. Down was not in the vocabulary. We are seeing similar perceptions and narratives when it comes to China’s roaring economy. […]
Mar 27 2011
China’s ghost cities and shopping malls – 14 million empty housing units in the U.S. while China may have up to 64 million empty apartments. GDP is only as good as the quality behind the financial numbers. China real estate bubble.
The Census released data showing that 14 million housing units in the U.S. are categorized as being vacant. As startling as this figure appears on the surface, China has an estimated 64 million empty apartment units. As we enter a perpetual cycle of global financial bubbles, the largest ongoing bubble in the world at the […]