Buying and Selling
 
Dear Doves...
If you would just visit this page:
http://www.safehaven.com/showarticle.cfm?id=6945
and if you like, read the article, but scroll down the page to see THE CHART OF:   the Chinese stock market, and its recent towering rise to "the stratosphere".
    I have read elsewhere, that the common Chinese people are mortgaging their homes,,,and taking out loans at the interest rate of 36%, just to jump into this obvious bubble mania.  As the article above states,,,people say they only need to borrow the money "for one month", for in that month they feel they will become rich.
    Being a follower of things economic and markets-related,,,,for I myself view "the days of Noah" to which our Lord referred, and the days of Lot,,,,as those that will see the "buying and selling" and the complete complacency of the world's population, to any impending implosion of these markets.   In the U.S., we are just beginning to look down the very ugly abyss of the housing market bubble collapse,,,which surely, indicates that very very hard times are just ahead.
          Stock markets ALL OVER THE WORLD, are at new highs, and climbing higher each day, including our own S&P 500, Nasdaq, and other markets.   They are all "over-extended", measured by true "value", that is the price is above "value",,,,just like the price of houses exceeded their intrinsic value..then, as always before in economic history,,,the bubble breaks.....
          That people are unaware of what is just around the corner economically, is just astounding to me,,,,for the signs of it are everywhere around the globe.....the whole globe is "partying down", with monumental bets being placed in the various markets....
          Just another picture of the partying which was going on, when the Titanic sank.
                        Look up, Doves,,,,,,,,,,,abundant blessings...you sister in Christ,,Arlene