The U.S. Is Suffering From “China Syndrome” Energy & Capital
Monday Market Meltdown – The China Syndrome TheStreet
Real estate has been a popular investment in China, outpacing inflation on a consistent basis. Because many in China believed housing prices would always rise, demand spiked, fueling fears of a Chinese housing bubble.
Because many in China believed housing prices would always rise, demand spiked, fueling fears of a Chinese housing bubble. When you think about it, that's the same type of thinking that contributed to the U.S. housing bubble in 2008. Indeed, housing …