Recession???

[AA717driver]

I just read in the WSJ today (it was free at the hotel...) that a large number of Chinese investors have lost big bucks on the state run markets (duh!).

They are on the verge of a revolt. Guess that whole liberalization thing isn't working out so well.

I think it's interesting that China is moving toward capitalism while the EU and U.S. are rushing toward socialism.TC

 

[psycho]

Lear Love,

WORD !!! The post made me laugh and was right on the money. Who will buy the Mcmansions when the ARM's push rates to 10% and the keys go back to the banks. And consider yourself a smarter man than I. No condom and 25,000$$$ later, I wish I would have just found a bitter woman and bought her a house.

 

[densoo]

They are on the verge of a revolt. Guess that whole liberalization thing isn't working out so well.

Or maybe it is. They've gotten a taste of what a free market might mean to their pocket books and they don't want to give it up. Time for the proletariat to rise up.