Freitag, 31. Juli 2009

Die Chinesen blasen unbeirrt ihre Bubble auf

The purpose of a bear market is to correct the errors of the preceding boom. Most prominent among those errors is to think you can make money by speculating in the stock market. When this idea takes hold, good sense goes out the window. People will buy dotcoms with no business plans…and house builders at 40 times earnings!

Quelle: Investors in China Have Learned Nothing From the Crash of ’07-’08

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Labels: Wirtschaft

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