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overtheedge
Member since May 2012
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>Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst? - Mish - Global Economic Analysis
Do not go over to the dark side.
A slowing in the rate of growth only means that growth is slowing, BUT still growing.

The real problem is in the slowing of the perceived value of new assets.
The valuation of new assets provides an excuse to inflate the money supply.
Fiat monetary systems with fractional reserve lending are dependent upon asset valuation growth.

Reduce growth and monetary inflation must slow or the natives will get restless.


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Beginning of the headline :Reports of the pending collapse of China property bubble have circulated for years, including some on this blog. To date, each slowdown was soon followed by another boom to still higher prices. Here we are again, in another slowdown. China Housing Starts Market Cools, Sales Volume Dries Up The New York Times reports China’s Sizzling Real Estate Market Cools After almost two decades of nearly unceasing increases in real estate prices and construction across China, one of the world’s longe... Read More
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