Wednesday, May 30, 2012

IF YOU BUILD IT THEY WILL COME (CHINA)


I found a neat little video done by a fellow blogger that writes in China named Eric.  His blog is www.sinostand.com and I highly recommend the site.  The video I found is about 8 minutes long and Eric bikes through China with a friend and makes commentary about the social aspects of the countryside, the country's one-child policy, China's religious views, and even examines the economic conditions.





The video's examination of the building to build economic growth model is really interesting in that we see the local government kicking out people that have been in a home for generations to make way for huge housing development high rises that will be empty.  It is difficult to see how the Chinese bubble won't burst in the future with this type of government sponsored real estate debacle brewing.


GOATMUG

Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/