The call
The Chinese stock market is headed for another crash early next year. That will lead to a crash in Chinese real estate. And that will hit back home hard in the U.S. Harry Dent, in a post on Economy and Markets Daily, sees it playing out just like that in the near term. “When such a crash and implosion of wealth happens where it really matters — real estate — it will cause global speculation to come to a halt, and fast,” he said. This will mean “curtains for many of the bubbliest cities around the world,” even Plano, Texas. |