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Title: Chinese thoughts on bubbles Post by: Elwar on November 09, 2013, 02:38:52 AM The Chinese do not understand the concept of a bubble.
In the US the housing bubble eventually came to an end. In China, the housing bubble grows and instead of coming to and end they just continue to build empty cities. http://img.gawkerassets.com/img/18ywbc1079tdijpg/ku-xlarge.jpg Title: Re: Chinese thoughts on bubbles Post by: bitwhizz on November 09, 2013, 03:38:02 AM hahahaa
Title: Re: Chinese thoughts on bubbles Post by: DeathAndTaxes on November 09, 2013, 03:42:36 AM Well if the price growth continues to accelerate they are pretty close to finding out what happens to unsustainable assets prices when there is no government to keep dumping unlimited amounts of funds to keep the bubble inflated.
Chinese meet burst bubble in ..... 3 ..... 2 ..... Title: Re: Chinese thoughts on bubbles Post by: chriswilmer on November 09, 2013, 03:57:37 AM Well if the price growth continues to accelerate they are pretty close to finding out what happens to unsustainable assets prices when there is no government to keep dumping unlimited amounts of funds to keep the bubble inflated. Chinese meet burst bubble in ..... 3 ..... 2 ..... Heh... what if the government is dumping unlimited amounts of funds to keep the bubble inflated... ? :) Title: Re: Chinese thoughts on bubbles Post by: DeathAndTaxes on November 09, 2013, 03:58:21 AM Well if the price growth continues to accelerate they are pretty close to finding out what happens to unsustainable assets prices when there is no government to keep dumping unlimited amounts of funds to keep the bubble inflated. Chinese meet burst bubble in ..... 3 ..... 2 ..... Heh... what if the government was dumping unlimited amounts of funds to keep the bubble inflated... ? :) That made me smile. Buckle up because it will be the mother of all rockets. Title: Re: Chinese thoughts on bubbles Post by: smooth on November 09, 2013, 03:59:46 AM Heh... what if the government is dumping unlimited amounts of funds to keep the bubble inflated... ? :) There is no such thing as unlimited funds in a finite world. They just haven't reached the limit yet. Title: Re: Chinese thoughts on bubbles Post by: theonewhowaskazu on November 09, 2013, 04:02:11 AM Meanwhile, in secret Chinese government subterranian chamber, there is somebody printing tons of yuan, depositing it into a "shadow bank", and wiring it to BTCChina.
On the door to this room, there is a plaque reading "all da coinz." Title: Re: Chinese thoughts on bubbles Post by: oakpacific on November 09, 2013, 04:09:03 AM Well if the price growth continues to accelerate they are pretty close to finding out what happens to unsustainable assets prices when there is no government to keep dumping unlimited amounts of funds to keep the bubble inflated. Chinese meet burst bubble in ..... 3 ..... 2 ..... The assumption is: They haven't found out what it is like. The fact may well be: Because they know what sustains the Chinese economy, they are desperate to find something else to invest to, and a billion dollars is only pocket money for wealthy Chinese men. Title: Re: Chinese thoughts on bubbles Post by: bitnewfly on November 09, 2013, 04:15:49 AM Is this topic relate to bitcoin, mastercoin?
Anyway, i know that the bitcoin is very hot in china too. This is not bubble... ;D.. |
