Friday, March 5, 2010

Market Defies Fear of Real Estate Bubble in China

China is in the middle of a spectacular real estate boom. But the question is whether it is in the middle of a bubble — one that might threaten the global economy.

Sure looks like it is and will. How nimble are you?

If it is a bubble, the collapse will be sudden and very messy. The chinese are notorious gamblers. There will be almost no survivors.

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