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Direxion Daily Small Cap Bear 3X ETF Message Board

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  • jg22382003 jg22382003 Feb 19, 2012 1:40 PM Flag

    Next Bubble to Pop

    the financial class is getting further fr lower to upper in china, the last time I was in shanghai 8 yrs ago, I asked my tour guide why all those skyscraper looked empty. he simply said those were investments, no one live there, 8 yrs ago, one unit apppr 1000 sq feet cost 500k u.s $ in central city of shanghai, and now is 1.5 mil. in u.s.$ and now the chinese govem't don't allow any forenger to buy any of their property any more. my friend bought the last unit in cantone 4 yrs ago and he is not selling. by the way, It only cost $200 to traval to beijine for a week now but you have to pay your own airfare. incl hotel and meal and tourguide. why, these are american quotas to exchange chinese quotas as tourist to america.

67.50-4.04(-5.65%)Feb 12 4:00 PMEST