Is this a crash? Daily reads
Hmm, I would tell you I told you so (well I did) but I learned that after crying wolf long enough, sooner or later you’re going to be right, as long as you don’t change the course of your prediction. Forbes seems to think we’re heading down the rabbit hole a little sooner.http://www.forbes.com/sites/gordonchang/2011/11/06/property-prices-collapse-in-china-is-this-a-crash/http://www.bloomberg.com/news/2011-11-07/china-s-stocks-fall-amid-property-curb-concerns-greece-leadership-meeting.htmlhttp://online.wsj.com/article/BT-CO-20111107-702266.html
This time I’m not going to cry wolf, I’ll just sit by and enjoy the show, too often, I saw it unwinding, only for the big boys to jump in and contain the fire to a sizzling memory.
Stay Tuned