thestatedtruth.com | December 3, 2010
Some interesting thoughts out of China…………. From Corriente Advisors. The anomalies in China are some what familiar: Excess floor space exceeds 3.3 billion square meters and there are still 200 m being built this year…. The price to rent ratio is 39.4 times versus 22.8 times in America before the housing crises…. Banks are hiding their exposure […]
thestatedtruth.com | November 16, 2010
John Mauldin Reviews Gary Shilling’s Brand New Book,  The Age of Deleveraging: Investment Strategies For A Decade Of Slow Growth And Deflation. Some of his opinions are covered below. Roadblocks on the deleveraging highway may include a crisis in U.S. commercial real estate (Chart 5) that could exceed the earlier one in housing. Then there’s a possible […]
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