What’s Good For The Goose

Thursday, April 25, 2013 5:34
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According to the recent WSJ article, How to Predict the Next Big Bailout:

Real estate agents who help Chinese investors buy homes abroad say they can guess which country is facing financial ruin by the level of restrictions attached to their investment immigration programs. That is, the easier it is for their clients to buy citizenship, the likelier it is for the country’s economy to tip over into crisis.

Which is interesting as for years nearly every time China opened up a new market to the West, that is exactly what “we” said about China.  That it would only throw open a sector after the good deals were gone, the money was gone,and a sucker was needed to keep the house of cards up.

 

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