Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

China’s ‘Doomsday Scenario’ Is Something Every American Understands Very Well

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Sam Ro
Business Insider
March 4, 2013

China’s property stocks are selling off today on news of new efforts to contain the hot Chinese property market.

Some expert praise China’s efforts to actively contain what many think is an asset bubble.

But according to a new 60 Minutes report, China’s regulators may already be too late.

You see, China’s economic growth has brought riches to the middle class. But that middle class cannot invest abroad and bank returns are paltry. And the Chinese have been turned off by their extremely volatile stock market.  Just look at today’s massive today’s sell-off, and you can see why.

With nowhere else to put their money, the Chinese have been shoveling their money into real estate, which has fueled a massive building boom.

The problem is no one is moving into many of these new properties.

Full article here

This article was posted: Monday, March 4, 2013 at 6:53 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Guccifer: Pennsylvania City to be Nuked Next Year See the rest on the Alex Jones YouTube channel.

The Truth About the Michael Brown Shooting See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.