Kurt Barlow

Pwoperdee Bubble Bursts In China

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CBS 60 minutes is usually pretty good.

But with that many empty units, does this mean that we can outsource our housing needs to China as well ?


I am going to send this to a few Western Australia Properdee Bulls I know! Apparently the WA economy needs the Chinese economy to grow by at least 7%PA just for prices to stand still here.

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China is still a communist state, and can do whatever they want by edict.

A burst bubble means rounding up folk and sending them back to the rice paddy's.

We don't have that luxury.

60 minutes of American propaganda posing and integrity laced journalism is quite enough, and a good opportunity to have their own fat citizenry take their eyes off of the real bandits on wall street to watch poor people in China.

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