Hong Kong Rents Are Falling: Recession Ahead

Written by Gary North on February 23, 2012

The sign of the slowdown in China is the fact that rents in Honk Kong are falling. Rentals there have been from $10,000 to $23,000 a month. They were off almost 20% in 2011. The high-end rentals are falling faster. The market for rents in the range of US$25,000 to US$32,000 has been particularly hard […]

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China’s Looming Crisis Theatens the West’s Economy

Written by Gary North on January 24, 2012

Patrick Bond gave an important speech on January 10. He is Australia. Australia is tied closely to China’s economy. Bond took part in an 11-day study tour to south and central China in December. He uses the language of the old Marxism. He and his colleagues lost the ideological war, beginning in China in 1978, […]

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Tall Skyscrapers and Big Crashes: Get Ready

Written by Gary North on January 16, 2012

Did you know that there is a tight correlation between the completion of the world’s tallest skyscraper and either a recession or a depression within a year or two? Well, there is. Dr. Mark Thornton of the Mises Institute published an article on this in 2005. Worldwide, real estate peaked in 2006. Then came the […]

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Predictions for 2012 by the Doomster

Written by Gary North on December 26, 2011

Mark Faber edits the Gloom, Boom, and Doom newsletter. He lives in Hong Kong. He is a pro-gold, anti-Keynesian analyst. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor recently discussed his 2012 predictions. In a nutshell, he expects politicians in the US and the EU to keep on addressing symptoms rather […]

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