peter236

The world economy is getting worse. The US, Europe and Japan are all facing rising debt.
Those underwater mortgages in the US is still around 25%. All those problems from the past 3 years have not been solved yet.

Canada and Hong Kong are doing well due to China's robust growth.

lo_pak

回復 11# peter236

The real estate problem is at ground zero. Pace of the economic recovery is not that robust, but still, mildly growing, providing that inflation is under control.

Debt, you are talking US debt. Yes, US debt is a joke. But more the Fed print, the more other countries purchase, isn't that something...

peter236

The more money the US prints, the sooner it becomes another Greece.
But Japan will become another Greece first.

lo_pak

回復 13# peter236

The time when US gets bankrupt, everyone gets to hell unless you are one of the native living in Amazon...

peter236

When the US goes bankrupt, some years from now, China and Hong Kong will be standing strong.