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Video: The World's Most Dangerous Bubble Is About to Burst

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  • Video: The World's Most Dangerous Bubble Is About to Burst

    http://www.taipanpublishinggroup.com...=300489&r=Milo

    I'm not endorsing his views, although I believe there is some truth. All commodities had been driven by Chinese demand.

    Warning: At the end of the video, there's a subscribe link, you may ignore that.
    Last edited by touchring; August 23, 2011, 05:02 AM.

  • #2
    Re: Video: The World's Most Dangerous Bubble Is About to Burst

    Originally posted by touchring View Post
    Warning: At the end of the video, there's a subscribe link, you may ignore that.
    I don't know how you made it to the end I was ready to slit my wrists after 10minutes.

    There was a distinct lack of facts and figures. Apparently the end of the world is near and gold will drop to $700. If so also expect some expressively titled posts by MEGA.

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    • #3
      Re: Video: The World's Most Dangerous Bubble Is About to Burst

      Originally posted by touchring View Post
      http://www.taipanpublishinggroup.com...=300489&r=Milo

      I'm not endorsing his views, although I believe there is some truth. All commodities had been driven by Chinese demand.

      Warning: At the end of the video, there's a subscribe link, you may ignore that.
      Forum: News

      Link to a news story by a credible source plus member commentary.

      belongs in 'junk economics' forum... not 'news'...

      Comment


      • #4
        Re: Video: The World's Most Dangerous Bubble Is About to Burst

        Originally posted by bungee View Post
        I don't know how you made it to the end I was ready to slit my wrists after 10minutes.

        There was a distinct lack of facts and figures. Apparently the end of the world is near and gold will drop to $700. If so also expect some expressively titled posts by MEGA.

        You won't get any statistics because there is no real statistics that you can get from the Chinese government.

        The only way is to travel to China and find out what's on the ground. We may get some clues from Aaron who just came back from China.

        I would ignore the claims that gold will drop to $700, whether the crash will cause gold to crash is subjective, but one thing for sure, the commodities market at large will collapse. I would also not bother with his sales talk towards the end.

        To put it simply, the rate at which China prints money to build condos, skyscrapers, high speed rail and freeways is - UNSUSTAINABLE.
        Last edited by touchring; August 24, 2011, 01:23 AM.

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