Jim Rogers is short US I-bank, housing

Quote from a529612:

Investment Biker? World adventurer?

I've heard Soros never let him trade for the fund.
More...

why are you so jealous? his fame? because you didn't short citi or didn't go long commodities ?
 
Quote from QuantPlus:

This is an irresponsible statement...
China is not even a democracy.

Saying stiff like this defines you as a nut.
More...


Jim simply means China is more pro-business than Massachusetts.

Do you know Massachusetts is famous for its 12% short term capital gains?

I guess you're a dumb ass. :D
 
Are we on the edge of a global housing meltdown or we over the edge already and just waiting for the thud when we hit rock bottom?

One telling factor is the TV reality shows like "Flip This House" are showing a trend of homes no longer moving or moving very slowly on the market.

The last 5 years I have been amazed by the run up in home values globally. Now I'm reading about the run down in home values globally.
------------------------------------------------
Property price crash is now in full swing
New figures show sales down 20%

By DANIEL MCCONNELL
Sunday November 04 2007

WE ARE now in a full-blown property crash, with new house sales down 4 per cent, second hand sales down between 15-20 per cent since the start of the year, house repossessions soaring and the government doing nothing to stop it.....

http://www.independent.ie/national-news/property-price-crash-is-now-in-full-swing-1210873.html

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_gilbert&sid=au2a071xSLbU

http://business.timesonline.co.uk/tol/business/economics/article2796778.ece
 
Those rising housing prices were nothing more than a debasement of the currency.


Should have been govt intervention early on.
 
You must log in or register to reply here.
Back
Top