Dec. 5th, 2008
(no subject)
Dec. 5th, 2008 04:06 pm"And let me tell you what they're not telling you. You watch Cnina. Watch China. The forecasts for China are a joke. China makes things and they sell it here in America. And we ain't buying it. It's going back, okay? It's leveraged over there."
"They're building ghost towns. They're building offices and five-star hotels, right? There's no one there. This is a communist planned system, and it's going off the cliff. So if your hope... if you're buying the Dow hoping that China's going to bail us out, forget it."
- Hugh Hendry
"They're building ghost towns. They're building offices and five-star hotels, right? There's no one there. This is a communist planned system, and it's going off the cliff. So if your hope... if you're buying the Dow hoping that China's going to bail us out, forget it."
- Hugh Hendry