Quote:
Originally Posted by onwebcam
You're not getting it Mr Economics.. Let me repeat in a dumbed down fashion.. The people of China have 75% of their money invested in real estate.. Not stocks, not businesses, etc. Real Estate alone.. As an investment.. Understand? Most of their eggs in 1 basket? If that 1 big basket breaks...
And it's not just breaking.. It's going to tsunami. In the past 10 years they've quadrupled their basket size. Balloon is going to pop.. No doubt.. BIGLY
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So that's the USA's biggest trading partner, the biggest lender for your Governments debt addiction and the biggest growth area of American business... no money from China.. No Merica
And while 100 million people is big to small counties like Amercia, keep in mind that's not even 8% of the Chinese market...
Scary shit huh.. Population 1400 Million and growing.