An Emerging Threat to China’s Economy | Shanghai Real Estate

Posted by Matt in March 3rd, 2010 | no comment

Published in China, Economy, Booming Economy, China Economy, China S Economy, China'sRealEstateBubble, Finance Hub, High Rises, Multimedia Series, Real Estate Bubble, RealEstate, RealEstateBubble, Residential Real Estate, Residential Zones, Shanghai Real Estate, Xin

Editor’s note: China’s Bubble is a four-part multimedia series on an emerging threat to China’s booming economy — a residential real estate bubble, particularly in the business and finance hub of Shanghai. The series also looks at the underlying causes of the bubble, and examines how one unique social custom is driving prices even higher.
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In China, fear of a real estate bubble – washingtonpost.com

Posted by Matt in January 29th, 2010 | no comment

Published in China, Economy, Financial, 1980s, Acting, Banks, Bubble, Bubble Pop, Bubbles, China, Crashes, Economists, Fear, Global Growth, Japan, Real Estate Bubble, Residential Real Estate, United States

Some economists and bankers fear that they have read this script before. In Japan at the end of the 1980s and in the United States in 2008, residential real estate bubbles ended in big crashes, battered banks and slow recoveries. With China acting as a key engine of global growth, a bursting of the Chinese [...]

An Insider’s View of the Real Estate Train Wreck

Posted by Matt in January 25th, 2010 | no comment

Published in Economy, Financial, Financial Crisis, U.S., Andy Miller, Apartment Communities, Collapse, Commercial Real Estate, CommercialRealEstate, Critical Sector, Critical Topic, Estate Entrepreneur, Faculty Member, Financial Institutions, Financial Intelligence, Individual Investors, Intervie, Investment Strategies, John Mauldin, Latter Category, Office Buildings, Peer Group, Periodic Interviews, Real Estate Bubble, Real Estate Loans, RealEstate, Research Investment, Research Summit, Rousing Success, S Real Estate, Train Wreck

The first time I spoke with real estate entrepreneur Andy Miller was in late 2007, when I asked him to serve on the faculty of a Casey Research Summit. As John Mauldin, a former faculty member himself, knows, we’re very selective with our speakers. And there was no one in the nation I wanted more [...]

China and the U.S.: Dysfunctional Real Estate Bubble Twins

Posted by Matt in January 22nd, 2010 | no comment

Published in China, U.S., Addiction, American Leadership, Bubbles, Capitalism, China, Command Economy, Easy Money, Governance, Masters, Mortgage Banking, Phrase, Power Elite, Real Estate Bubble, RealEstateBubble, Rentier, Sectors, Socialist Goals, Status Quo, Strains, Thusly, Twins

China and the U.S. share two central traits: a financial-command-economy and an addiction to cheap, easy money to prop up bubbles that serve the status quo.
Despite the many obvious differences between the Chinese and American systems of governance and “capitalism,” there are two key similarities. We might phrase this thusly: China’s leadership has empowered [...]

A $123 Trillion China? Not Likely | Foreign Policy

Posted by Matt in January 16th, 2010 | no comment

Published in China, Aging Population, Autocratic Regimes, Bombshell, Chinese Government, Collapses, Communist Regime, Economic Growth, Economic Output, Economic Reforms, Economic System, Economist Intelligence Unit, Environmental Degradation, Environmental Limitations, Financial Crisis, Foreign Policy, High Risk, Military Conflict, Real Estate Bubble, Robert Fogel, Social Unrest, Trillion

The modern Chinese economic system has not been truly tested yet. The big test is coming in late 2010 or 2011, when the real estate bubble pops. At that time we will get a chance to see how China does. It cannot be pretty because autocratic regimes are too rigid, and they cannot handle the [...]

China’s Real Estate Bubble

Posted by Matt in October 15th, 2009 | no comment

Published in China, Breakable, Bureaucrats, Central Government, Construction Engineering, Financial Crisis, Floor Space, Global Financial Crisis, Intense Competition, Land Auction, Prime Piece, Real Estate Bubble, Real Estate Developer, Real Estate Investment, Real Estate Sector, Residential Building, Residential Real Estate, Residential Side, S Real Estate, Speculative Investment, Square Meter, State Construction, Stimulus Package, Undeveloped Property

Summary
The real estate market in China, particularly the residential side, is a burgeoning bubble that is growing bigger and more breakable by the day. Land and housing prices were already rising steadily when Beijing’s stimulus package hit the sector in early 2009. Now prices are surging, with developers, bureaucrats and investors cashing in while urban [...]

Russia is a Mess

Posted by Matt in November 25th, 2008 | no comment

Published in Economy, Financial, Russia, Bailout, Capital Flight, Corporate Balance Sheets, Countries, Credit Crunch, Current, Devaluation, Different Ways, Export Earnings, Financial Crisis, Global Economic Crisis, Global Financial Crisis, International Economic Crisis, Metals, Mortgage Defaults, Real Estate Bubble, Russia

Russia and the Global Economic Crisis
Any international economic crisis afflicts different countries in different ways, but an unfortunate few experience every painful dimension of it. In the current crisis, Russia is confronting virtually all the negatives at once–sharply declining export earnings from energy and metals, over-leveraged corporate balance sheets and a chorus of [...]