China’s real estate boom has further deepened the divide between the haves and the have-nots as the country’s middle class struggles with soaring property prices.
Wen Jiabao, China’s premier, on Friday pledged measures to curb speculation in the country’s housing market and rein in soaring prices, but with real estate accounting for 10 per cent of GDP, making any changes would not be welcomed by investors.
The dilemma for Chinese leaders is finding a balance between their need for prices to stabilise, while avoiding a property price crash.
Al Jazeera’s Melissa Chan reports from Beijing. (6 March 2010)
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Financial times article noted on the video
http://www.ft.com/cms/s/0/232eb4de-9e20-11dd-bdde-000077b07658.html?nclick_check=1
big rally, but no one really believes it, got volume?
http://www.marketwatch.com/news/story/Sustained-rally-needs-higher-trading/story.aspx?guid=%7B8650CDE9%2D00A6%2D4858%2D95A2%2D7D538DF3C979%7D
Markets will close down
http://business.timesonline.co.uk/tol/business/economics/article5014463.ece
the new deal 2
http://www.bostonherald.com/business/general/view/2008_10_25_John_Kerry_wants_New_Deal_II:_Backs_big_fed_stimulus/
mass layoffs high
http://money.cnn.com/2008/10/22/news/economy/mass_layoffs/index.htm?postversion=2008102213
Avoid the zombies, Jim Rogers
http://money.cnn.com/2008/10/22/news/economy/mass_layoffs/index.htm?postversion=2008102213
The joke of the day, Treasury says U.S. recover in summer of 2009 LOL same exact thing they said this time last year.
http://www.cnbc.com/id/27316652
vote out the bail out guys
http://whovotedyes.com/
Housing bottom? Think again, foreclosures up 71%
http://www.msnbc.msn.com/id/27329406
Peter Schiff on inflation/deflation
watch?v=R8STuvRHPfI&feature=related
Shadowstats.com 13% inflation, 15% unemployment, GDP 3..75%
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What were experiencing right now is unprecedented. So stop listening to all the mis-information, false hope, and lies about the current real estate collapse.
The Fed Cut’s are nothing but FALSE HOPE!
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Peter Schiff video blog Oct 27th 2009 Also check me out on
http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff
Duration : 0:9:47
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Watch aljazeera live click here
http://dubaiinvestments.tk
http://dubaiinvestments.tk
http://arablivetv.blogspot.com
Duration : 0:5:28
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