RED ALERT: Chinese property bubble about to burst.

[touchring]

From Shanghai to Hong Kong to Singapore to "Chinese Vancouver", the meltdown will take place by the end of the year. All the signs are there.

1). Chinese developers paying >100% interest rates for loanshark loans - probably with the intention to abscond.

2). Singapore developers bundling free $100K luxury cars.

3). A run on Chinese state banks - http://www.itulip.com/forums/showthr...-p.a.?p=210583

4). Bonds issued by Chinese builders plunged 20% (versus 7% by USA builders) - http://news.businessweek.com/article...3LTCIJASK7Q7IH

Commodities, especially copper, iron and even precious metals will be badly scrwed, take care.