• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Frontrunning: September 27

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Tue, 09/27/2011 - 09:00 | 1714479 Popo
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A "soft landing" for Hong Kong builders?

 

LOL.

 

First, Real Estate always goes up.

Then it's expected to slow.

Then it's expected to reach a stable plateau.

Then it's expected to decline modestly.

Then it's expected to suffer a "soft landing"

And right about then the shit usually hits the fan.

 

There will be no "soft landing" in HK.  HK banks are deeply involved in mainland investments.   Those mainland investments are going to shit the bed.    HK banks will also, shortly thereafter,  shit the bed.    

 

There will be no soft landing.

Tue, 09/27/2011 - 09:12 | 1714533 snowball777
snowball777's picture

I'm sure the guys with the two parachutes will do okay...the airframe, crew, and passengers...not so much.

Tue, 09/27/2011 - 14:04 | 1715556 covert
covert's picture

true, it will be crash and burn.

http://expose2.wordpress.com

 

Tue, 09/27/2011 - 09:11 | 1714527 snowball777
snowball777's picture

"Geithner Predicts" 

With his track record?! ROTFLMAO

 

Tue, 09/27/2011 - 09:11 | 1714531 Kina
Kina's picture

Fed Officials Express Doubt About Faster Inflation as Tool to Boost Growth

 

Now, they say something.

Tue, 09/27/2011 - 09:13 | 1714536 snowball777
snowball777's picture

What? Higher prices and financing costs can't make broke people spend? Whocouldanode?

Tue, 09/27/2011 - 09:14 | 1714542 snowball777
snowball777's picture

"Oracle may make acquisitions to gain industry-specific software"

Oracle fresh out of ideas and talent; going the Microsoft route.

Tue, 09/27/2011 - 09:15 | 1714546 snowball777
snowball777's picture

"Several influential shareholders called for more changes atop UBS"

Any of them from Singapore?

Tue, 09/27/2011 - 09:17 | 1714556 buzzsaw99
buzzsaw99's picture

Another train crash in China. OH YEAH! Taking over the world with their uber-smartz bitchez.

Tue, 09/27/2011 - 09:18 | 1714558 High Plains Drifter
High Plains Drifter's picture

they just announced that boeing is taking its dreamliner on a maiden flight to tokyo, i don't think this is a good idea. tokyo is contaminated. maybe they should rethink this idea...now they are going to fly in there and then bring that stuff back with them to amerika....duh????

Tue, 09/27/2011 - 10:50 | 1714856 toady
toady's picture

'India redraws poverty line'

Their poverty line is 64¢ a day, the US is $64 a day.

Global free trade is pushing wages down, and the corporations won't be happy till we are all on par with India.

Stock up now while you can!

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