People on the forum should debate different views in professional manor.
CaoAn may describe doomsday scenarios, or the Armageddon of China’s financial market. His view may be extreme but worth noting. As we all know, whoever claims knowing the future will be either crazy or silly. The reality always settles somewhere in between the two extremes.
I don’t know China enough to make any specific comments. CaoAn did cite some numbers in his posting (an IPO company for example). I am more interested in someone arguing about these numbers than something in the air.
US housing market in some area is obviously bubbling. UBS chief US Gary Gordon called the housing bubble a year along with the US government debt issues. Now Fed chairman talked about a “frothing” house market in some area. Housing bubble is one of the most popular topics in the media recently. The Fed or economists hope to cool down the housing market through this type of dialogue. If the effect fails, the Fed will be more aggressive and the inevitable consequence will be the bursting of the bubble.
It’s norm for people to exaggerating their views. One of the known economists calling Hedge Funds is the massive destruction weapon of the financial market. So what?
