博文
(2010-07-30 23:00:14)
andsincechinaisexportinflationnow,Iamreallydoubtifthenominalhomeprice(oreventherealhomeprice)couldfell70%.[閱讀全文]
(2010-07-30 23:00:02)
itdramaticallyrepresstheUSCPIeventhoughGreenspanwaspumpingoutthemoney.Thus,thenominalhousingpricenowcouldwellbethe"real"priceifthedeflationforceswerenothere.Now,withthesignificantincreaseofwagesandotherexpensesinChinaandIndia,thosedeflationforcesmayreversesoon.LookatMcdonald'smenu,youcanseehowthepricehasbeengoingupquitesignificantly.Thus,myownjudgmentisthatUSpeoplewillstartingtopaymoreforeverythin...[閱讀全文]
(2010-07-30 22:59:53)
Ifweassumethatdeflationforceshavealreadydisappear,CPIwillhavetogoup.Iknowthatintheeconomicalbook,itwillneverhappeninthisdebtimplodingenvironment.Butthebooksalwaysassumeacloseeconomy.But,wearenowinaglobaleconomy.Thetotalmoneyintheworld(oratleastinthemajortradingpartners)determinestherealCPI.Chinesedon'tcareifUSpeoplecan'tpaythedebt.Theyhavetoincreaseexportingprice.Giventhesalarygapbetweentwocountri...[閱讀全文]
(2010-07-30 22:59:42)
ThewealthofChinesewillhavetogosomewhere.Now,anyChinese,iftheyhaveanapartmentinurbanareaof1-2titercitycanalreadyaffordadecentUSsuburbanhouse.ThenewEB5modificationenablesalmosteveryoneowninganapartmentinthedowntownareaof1sttiercitiestogetgreencardhere.IfwestillthinkthatUSisthebestplacetolive,theywouldthinkthesameway.Thus,thecitieswiththeattractiontotheforeignersshouldseebighousepriceincrease,whichco...[閱讀全文]
