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Guggenheim China Real Estate ETF Message Board

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  • decoy0527 decoy0527 Apr 28, 2012 10:42 AM Flag

    China Tells Banks to Stress Test for 60% Home-Price Drop

    An interesting article to read, especially with 20 month hindsight. Seems to me that China bank regulators were ahead of the game. USA bank regulators, and Federal Reserve, failed in their roles. Basically, at least for this time, China's not elected politicians (engineers and scientists) made decisions that proved to be much wiser than our elected lawyers.

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