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 […]

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, […]

Aug 24 2012

China enters unfamiliar economic territory with rising inventory – Contraction in China’s manufacturing sector now inching closer to one year. What does this say about the global recovery?

China is feeling the deep impact of the global slowdown.  The country has seen unprecedented growth for the last few decades and is now entering into a very unfamiliar territory.  Slowing demand.  Data is reflecting that the slowdown on exports from places like the US and especially Europe is having an impact in their very […]

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 […]

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