Chinese property hunters to raid U.S.
Started by patient09
about 17 years ago
Posts: 1571
Member since: Nov 2008
Discussion about
http://www.ft.com/cms/s/0/582d470c-c307-11dd-a5ae-000077b07658.html Any chance we can organize a bus trip to NYC to help put a bid to our market. THey might be the only folks left with any dough. Europeans are in the same boat as us. South Americas got screwed in south fla and have no appetite. Middle easterns are smoked because of collapsing oil and asset deflation in Dubai.
the Chinese are all poisoned with Melamine
How can the Chinese stil have dough?? They lent most of it to us and of course we blew it all on overpriced houses, cars and plasma TVs. You can forget about us ever paying that back...
China is going through its own property deflation. What BS.
Another BS article with a few ancedotes and no facts. China is in a lot worse situation than we are. To believe otherwise is to believe that the tail wags the dog.
If you have $$$ in RMB, why would you invest in a USD asset?