Absolutely must read post from China observer Patrick Chovanec on the bursting of the Chinese property bubble.
The numbers don't seem to lie.
The rate of decline in foreign investment in property in the last two months in particular are stunning...
The storm is no longer on the horizon. The rain drops are falling and it sure sounds like that thunder is getting damn close.
How long till Wayne Swan and the RBA swing into action we see some serious fiscal and monetary stimulus...?
This website is a general resource only and contains information of a general nature. It is not intended to be relied upon, nor used as a substitute for specific independent professional advice. You should seek independent advice regarding any investment, legal, taxation or financial matters relevant to your own circumstances and individual needs.