The Sources and Sustainability of China's Economic Growth. Will China Break? Krugman’s Missed Call; Europe/China/Japan; Sideways Markets; Profit Margins; Microsoft. I wanted to share with you my interview with my friend Bob Huebscher who runs a terrific website Advisor Perspectives.
I am very excited about this interview because in a very unconstrained format we had a chance to discuss Paul Krugman’s latest bearish article on China, the linkage between the European crisis and Chinese and Japanese bubbles. We revisited sideways markets, profit margins (I picked a bone with Apple’s high margins), and concluded with Microsoft. Here are some pictures (I took close to 1,300 only a dozen or so are worth sharing) from my November trip to Spain (Barcelona and Madrid/Toledo) and South Africa (requires facebook login).
And Now Presenting: Amazing Satellite Images Of The Ghost Cities Of China. The hottest market in the hottest economy in the world is Chinese real estate.
The big question is how vulnerable is this market to a crash. One red flag is the vast number of vacant homes spread through China, by some estimates up to 64 million vacant homes.