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silencedogood2011

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silencedogood2011

Re: jimmybob post# 45276

Monday, 10/31/2011 10:40:33 PM

Monday, October 31, 2011 10:40:33 PM

Post# of 364540
According to Barrons, last week a major demonstration in Beijings fifth ring was due to people buying apartments at (USD)45,000 and three weeks later before moving in, those same apartments are now selling at(USD)17,000.

Hang Seng posted its first loss in six sessions yesterday with construction and real estate taking major hits.

China is balking at Europes bailout plan due to European leaders not reining in debt from Italy, Spain, Portugal, and Ireland. Now Sweden is starting to show signs of weakening. I believe IMO that china is holding back from buying the EU bonds until the bond market voluntarily sells at a 50% discount.

Risking it all to obtain the reward, necessitates the motivation to succeed.

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