tag:blogger.com,1999:blog-5936637281134795592.post8490786102615321198..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: Making the news in China - Canada vulnerable to 'big deleveraging shock'Unknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5936637281134795592.post-21322946363359503882013-06-21T11:35:31.369-07:002013-06-21T11:35:31.369-07:00How dare you quote Krugman and read Zerohedge at t...How dare you quote Krugman and read Zerohedge at the same time Whisper. That's sacrilegious! :)<br /><br />That being said, Krugman makes a good point here. This is a rare thing and should be cherished, it may be the last good point he makes for another 5 years. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-84142866927269715502013-06-21T11:16:26.660-07:002013-06-21T11:16:26.660-07:00who-t-f is Helmut Patsik, and why should anybody c...who-t-f is Helmut Patsik, and why should anybody care about what this Patsi is saying!?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-48928285628331884352013-06-19T04:57:45.945-07:002013-06-19T04:57:45.945-07:00I wish I knew what you meant.I wish I knew what you meant.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-83097903340032786212013-06-19T04:56:25.384-07:002013-06-19T04:56:25.384-07:00So blowing a bigger bubble is even better? Are you...So blowing a bigger bubble is even better? Are you nuts man? Capital outflows are an economic distortion and in the case of China it can bring untold misery to the city of Vancouver over the long term.<br /><br />Try to make some SENSE with your posts please.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-35814968000250839222013-06-18T17:29:25.632-07:002013-06-18T17:29:25.632-07:00If there is a sudden flight of capital from China,...If there is a sudden flight of capital from China, would the money not make it's way to Canada (Vancouver)? If so, who cares if you are holding a big fat mortgage with 20 or 25 years?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-76302717830197226552013-06-18T13:16:04.769-07:002013-06-18T13:16:04.769-07:00RE spec insanity of Lysenko proportions! Chinese p...RE spec insanity of Lysenko proportions! Chinese planting two, three condos in multi-generational savings portfolios.. does not matter if cities empty! Lysenko say it ok!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-8595548013837209432013-06-18T09:54:18.971-07:002013-06-18T09:54:18.971-07:00Easy credit inflated assets and bubble creation. A...Easy credit inflated assets and bubble creation. All house hype and sheep mentality. leohttps://www.blogger.com/profile/15030747136347355576noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-32838479077113944132013-06-18T01:11:09.166-07:002013-06-18T01:11:09.166-07:00Good post Whisperer and very timely. We are hearin...Good post Whisperer and very timely. We are hearing a great deal about the sudden flight of capital from China although it is not known how much will land on our shores. The rising US dollar and recent Treasury rate jump seem to be behind the destabilization. Fitch is now warning a credit crisis lies ahead due to the excessive imbalance in financial markets. Basically too much lending into a market where asset values are massively inflated We need to keep it in mind as we already know from the high correlation between Hong Kong real estate prices and those in Vancouver that economic troubles there spell big problems over here. Hong Kong is not China per se but is a proxy for credit issues on the mainland and observations of those R/E markets as they are more transparent can lead us to better conclusions about what is really transpiring in China itself. As usual, the events are slow to make an appearance though and it is usually a waste of breathe to warn people about what MIGHT be coming. I sure as hell would not want to be holding a fat mortgage with 20 or 25 years remaining on its amortization life when China experiences its inevitable credit bust! Anonymousnoreply@blogger.com