Belmont Club

By Richard Fernandez

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Helplessly hoping

February 20, 2009 - 9:59 pm - by Richard Fernandez
blert
2009-02-24 14:31:31

China is more bankrupt than America…

I know, I know, that’s pretty hard to believe…

You need to check out their INSANE over investment in commercial real estate. They’ve been ‘building Manhattan’ each year for years.

Shanghai is now Hung-Lo…

She has about a twenty-year supply of empty Class A office space for let.

China is set to IMPLODE.