Jul 10 2015

China lost the equivalent of 14 Greeces over the last month: Why the actions of banning short selling and punishing the market taken by the Chinese government will backfire.

The market has been fixated on the actions of Greece, a country with 11 million people or the equivalent of Los Angeles County.  However, the bigger action is taking place in the gambling obsessed Chinese economy.  For those of you not following global news the Chinese stock markets, primarily the Shanghai Composite, Shenzhen, and Hang […]

May 20 2015

China has overtaken Mexico as the source of the largest number of immigrants to the U.S. – the Far East is the new Southwest.

It should come as no surprise that the US is a net immigration country while China and Mexico are both net emigration countries.  What may be a surprise is that now China has overtaken Mexico as the top importer of immigrants.  The flood of money from China into key cities has been nothing short of […]

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Apr 9 2015

The mega Chinese stock market bubble:  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.  […]

Aug 20 2014

China’s housing correction is now in full swing: Big developers begin to slash prices with sales falling more than 10 percent.

It was bound to happen. The housing correction in China is now here. It is interesting to hear the various perspectives from people and how China is absolutely different to the point of never being open to property bubbles. The same arguments were made during the Japanese real estate bubble as well. Well apparently the […]

Jul 31 2014

China ghost cities and real estate correction: China’s GDP and individual household wealth is heavily tied to real estate. What happens when a correction hits?

China has had one of the wildest real estate sectors of any large global economy. Chinese real estate values have appreciated dramatically largely shutting out regular workers in the country. It is an interesting situation. You hear countless stories of young males trying to find a potential mate and given the restrictive one child policy, […]

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