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Daily Archives: August 12, 2013
60 Minutes looks at China’s real estate bubble
China’s economy has become the second largest in the world, but its rapid growth may have created the largest housing bubble in history. Here is a direct video link. During the global consumer credit bubble from 2002-2007, China received an … Continue reading
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Ominous precedents to present market cycle
The market is showing signs of weakness, and similarities to previous market tumbles. Here is a direct video link. The first half of this clip is useful for its historical context. The latter half is the usual financial-tainment where hosts … Continue reading
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