"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Wednesday, March 14, 2012

UH-OH: MORE PROOF THE REAL ESTATE BUBBLE IN CHINA IS BURSTING, AND DRAGGING DOWN THE REST OF THE CHINESE ECONOMY

MAXEDOUTMAMA: CHINA IS HEADED FOR A CRASH:
Chinese official stats for RE:

Building up, sales down, what could go wrong? 
AS A FRIEND OF MINE WHO DOES BIZ IN CHINA TOLD ME A FEW WEEKS AGO: THE SHIT IS HITTING THE FAN.

THERE'S PLENTY MORE AT THE LINK - LOTTSA CHARTS - ALL BAD.

THE CHICOMS ARE TRYING TO PROP UP THE REAL ESTATE BUBBLE AND IT'S DRAINING THE REST OF THE ECONOMY.

GO THERE NOW!

2 comments:

Anonymous said...

I am sure that Timmy 'The Tax Cheat' Geithner will race to the rescue with plenty of our cash to 'help' out. A very good book to read about this is 'Currency Wars' by James Rickards.

After reading this book the question is what will Romney do about this should he win the election?

It is a tough question that will have world wide consequences. In my opinion, this is the last election we have to get it right.

I still question Romney's abilities, having said that, he would be a hell of allot better than Imam Obama.

Do you have any suggestions for me to talk with my blue colar co-workers defending Romney? They will listen, but it will take allot of reasoning.

They are living the Imam's dream and not buying the B.S. out of Washington. There is going to be enormous pressure to toe the line with their union thugs breathing down their necks.

I'm in the fight. They can and will change their minds.

Reliapundit said...

1 - we can't and won't bailout the chicoms.

2 -

(a) mitt is not a career politicians - newt and rick are.

(b) mitt has actually created jobs in the usa - over 100,000 - newt and rick haven't.

(c) mitt was to the right of mccain in 2008 and he's moved further to the right ever since' he has not flipflopped; he has evolved.

(d) mitt is much stronger on attacking illegal immigration than newt or rick.

(e) mitt has deep strong real true family values.

(f) mitt is honest. rick and newt have used the insider rules of dc to get very rich.

mitt earned every penny he has and has given much more money to charity than newt or rick.

(g) mitt will be tougher on the chicoms than newt or rick.

rick playd financial games with his home in dc.

rick gavce earmarks to his campaign contributors.

rick protected the unions and prevented right to work laws --- and wages go up in right to work states because businesses like them and grow and then the demand for workers increases and wages go up.