Randy (22 June 2013)
"China..........Economy..................................BOOM!!!!
(Before, or After the Rapture???)"
A few years ago I saw an article from China that said "Chinese
Banks are trying to SLOW DOWN the Housing Market by imposing a
20% DOWNPAYMENT..On......THIRD HOME PURCHASES!
Third Home Purchases????? Can you say US HOUSING
CRASH !!???
And today THIS article.... (STOP doing THIRD HOME
LOANS....)
Article Quote:
In guidelines published over the weekend, authorities in
Shanghai directed banks to stop issuing loans to individuals
attempting the purchase of a third home.
Article/short video----- on China's Economy Problems:
http://finance.yahoo.com/blogs/daily-ticker/china-slowdown-now-clear-present-danger-154824780.html;_ylt=Aly5QMwfe2SZTokr3Z014.aiuYdG;_ylu=X3oDMTNybXBnbG1zBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDNjY2YTZmMDQtZTZlMy0zNzVmLWIyNjUtOWUyMjA2MzgzYzI5BHBvcwMyBHNlYwN0b3Bfc3RvcnkEdmVyA2Q5Y2FmMDAwLWQ5YzAtMTFlMi05NWI3LTQzMzU2OGI3N2Q1ZA--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3
My Question....... HOW LOOSE ARE THE LENDING PRACTICES ON 2ND
HOMES? AND 1ST HOMES?
hMMMMMMMMMMMMMMMMMMMM, MAYBE THAT'S A PROBLEM TOO???
!!!! duh!!
My phrase....
IF THERE IS ANY.......ECONOMIC
JUSTICE............. CERTAIN THINGS HAVE TO
HAPPEN:
1) Tech stocks HAD to crash in 2000................AND THEY
DID!! DUH!
2) USA Home prices had to collapse mid-2000 decade.....AND THEY
DID!!! 2006 was the top
3) GOLD prices had to fall.......one day..............AND THEY
DID, the last 3 months!!
and
4) China's problems, one day MUST BE A PROBLEM.......tick
tock!! CRASH! (Before, or after the
Rapture? I dunno...)
5) Interest Rates have to go up.................AND IT's STARTED
ALREADY!!!
6) Europe's problems ARE NOT
OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!! TICK
TOCK..............BOOM!
7) Japan's market has to get hit hard, after the run it had in
2013.....AND IT DID!!!
AND..............In CHINA: We've been reading about
it for a number of years........
GHOST cities.....and GHOST Malls TOO!
http://edition.cnn.com/2013/03/03/business/china-worlds-largest-mall/index.html?iid=EL
Things just CANNOT be a ROSY as they appear with all this
ECONOMIC CRAP going on!!
Ah...................SMOKE and
MIRRORS..................................BOO!
and so on and so on........
TICK
TOCK>...........................BOOM........................RAPTURE............
YFIC,
RAndy