Here is a different, much more optimistic, analysis of China's housing inflation. The Alaska housing crisis in the eighties had little impact on the rest of the USA. Maybe the absurd Chinese real estate development, that I have posted about previously, will have little international impact.
Thursday, January 14, 2010
Op-Ed Columnist - Is China the Next Enron? - NYTimes.com
Op-Ed Columnist - Is China the Next Enron? - NYTimes.com
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