Friday, 15 April 2011

Beijing March New House Prices Plunge 26.7% M/M: Press

http://imarketnews.com/node/29203

This is not good news.
I have said in the past about the China bubble that will burst - taking down along with it global growth - global cmdty mkts - Australia - and help ignite the depression / deflation in the WEST.

In my view China should peak sometime this year or next.

The Skyscraper Index is also telling us that around 2012 - 14 , China should be in the middle of a recession or so.

I guess my timing is right.


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