Creating World War III & Socrates
I am finishing up this important report on geopolitics, which will be included in the World Economic Conference. Because events are unfolding in a dangerous manner, we may release this [...]
China’s Housing Boom
QUESTION: Mr. Armstrong; What about the Chinese housing bubble. Why has this been so different in many ways?
IX
ANSWER: The primary difference is the simple fact that Chinese cannot take their money out of the country under the capital controls. Consequently, the property market has become their bank account. They have been moving from public to private assets in China as well. This is starkly different from housing bubbles in the West where it was not a capital shelter due to capital controls.
Latest Posts
Yes – They are Eating Your Pets
COMMENT #1: I grew up in Westminster the first 8 yrs of my life. And I recall as a young girl, neighbour’s cats, dogs, rabbits, being eaten by the Vietnamese, [...]
Market Talk – September 13, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 251.51 points or -0.68% to 36,581.76 • Shanghai decreased 13.03 points or -0.48% to 2,704.09 [...]
