If Arthur is to be asked objectively, is there a bubble in the Chinese economy?

Then his answer is undoubtedly yes, yes, and the bubble is not small, but he does not think that this so-called big bubble will burst easily, so he will add a time limit.

The main characteristic of an economic bubble is the rapid rise in asset prices and subsequent sharp declines. Speculators often do not think they are in a bubble because they believe that prices will rise.

And the necessary conditions for the formation of a bubble, in addition to the unprecedented super loose liquidity as a support, and behind any bubble there is a new word, new technology, new product, new economy, new concept, new business model, etc. A new phenomenon that everyone did not know before the era has triggered investors' longing for investment prospects.

Finally, the formation of any bubble is supported by local zf. In order to prevent an economic downturn and to promote economic development, the kindly support of the bubble has caused unfortunate consequences. . .

The high temperature of the real estate market continues, land prices continue to rise, and the sweaty labor income is even far worse than the income from real estate speculation or financial investment. What's even more frightening is the constant promotion of the so-called Gangxing bubble, which seems to be a bubble that will never burst under the guarantee of ZF. . . . . .

This is why there has always been a voice saying that the celestial dynasty is repeating the super foam of the foot basin, and it is the stage of foam generation. It must be said that there are indeed many similarities with the generation stage of the foot basin super foam.

Bubbles are always going to burst, they won't pile up forever.

Anyone who knows a little bit of economic common sense understands that for a healthy economy, real estate should not appear in its financial transaction market. However, after real estate is given financial attributes, it begins to affect the entire financial system. Has an immeasurable huge energy.

And on this planet called Earth, only three countries have tried this kind of huge energy that destroys the earth and the world, the top three economies in the world economy-the bald eagle, the foot basin and the sky.

Of course, in fact, many small countries have tried it, but because the size of the economy is too small, the impact on the world is very limited.

It is precisely because of the subprime mortgage crisis of the Bald Eagle and the disappearance of the footbass for twenty years, the people on the earth finally deeply realized the destructive ability of this energy comparable to the purple sweet potato Jing Thanos. And now, some people are worried about what kind of sequelae that the super bubble of the sky will bring to the world economy is normal.

As a former celestial person, Arthur knew too well the development of the celestial dynasty in the next ten years, so he also knew that the real estate bubble would not be a problem within ten years, but that there would be no problem, which does not mean that it really would not be a problem.

Because in the next ten years, the only thing that everyone in the sky cares about is housing prices. In the future, real estate accounts for more than 70% of household assets, which has reached the point where almost no one can accept the decline in house prices.

Also, everyone hopes to enjoy the after-sleeping economy, lying down and falling asleep can make house prices rise and make money. However, is this really the case? How many people can make this money?

In the stock market, a price that is not sold is never a real profit, and real estate is more difficult to cash out than stocks. Who can be sure that he can become the five percent cash-off?

Corresponding to the illusory high valuation is negative equity. Negative equity can eat people. It has eaten bald eagles and footpans, but it has not eaten celestials. . .

However, what is even more helpless is that Arthur knows better than anyone that there are two kinds of tragedies in the celestial dynasty, one is lack of money and the other is lack of houses.

What if there are neither?

Ha ha, will society abandon you?

Don't be funny, the society doesn't even know who you are!

Arthur, who was already in a higher position, looked back at the economy of the celestial dynasty. Naturally, he was very aware of the huge risks and crises in it. However, he came from ten years later and he did not see the so-called bubble burst. Some clues did appear.

For most people at the time, high housing prices and real estate bubbles had a complicated mentality, but on the whole, the mentality that prevailed the most was luck.

It is this fluke that makes many people think that the real estate bubble has been screamed and collapsed more than a dozen times, isn't it still going on?

However, this mentality is the same as the mentality of feeling that the first nine buns are redundant after eating the tenth bun, ignoring the existence of the cumulative effect. At that time, people including Arthur who owns a house in Beijing were thinking that it had been rising for more than ten years, and it was not bad for a few more years, right?

However, in fact, in all financial trading markets, turning a blind eye to obvious risks is often the last stage before the collapse.

This is just like the simple fact that when the last snowflake comes, no one can tell which snowflake caused the avalanche. Once an avalanche breaks out, no snowflake is innocent.

Arthur and Smith Jama bragged about how huge the market with a population of 1.3 billion people is. In fact, it is nothing more than the vanity in the soul that refuses to make foreigners look down on the heavens. When the real estate super bubble causes a serious mismatch of resources, When everyone’s pockets are empty, a house of ten million lives in a poor life, and a school district room easily empties the wallet of a middle-class family. . .

The so-called huge consumer market is just a ha ha, there is no money, and I still consume a lot of money!

Of course, all of this is a matter of ten years later, and now it is naturally all prosperous, booming economic miracle weather, and Arthur’s little arm tui can’t control what it will be like ten years later, now he, What needs to be done is to catch this fast-growing economic high-speed rail, make money, and make big money!

However, it seems that today is the topic of bubbles. Arthur and Smith have just discussed whether the celestial economic miracle is a super bubble or not. Smith threw a new question and let Arthur make his judgment and decision.

"Since the price of gold broke through the $1,000 mark, the international financial community has never stopped discussing whether there is a bubble in the gold price. The gold bubble has been ranked first among the seven major global financial bubbles selected by Forbes recently. Let the original market The controversy that had settled down was ignited again.

Boss, in your asset allocation, gold accounts for almost half of it. Do you consider reducing your holdings? Seeing Arthur’s brows frowned, Smith Jamal said what he needed to say~lightnovelpub.net~ Arthur shook his head, looked at Smith with some doubts and said: "Regarding the issue of gold investment, we Hasn't it been discussed many times before? I thought you were all very clear about my thoughts and decisions. Why do you still ask? "

"Mainly this time, the debate on the gold bubble theory is very fierce, and many different opinions and disputes have appeared in the company. Out of the attitude of being responsible for your boss, I have to report the real situation to the boss. You refer to it and make a decision." Smith said solemnly.

"Hehe, thank you then." Hearing Smith's reason, Arthur nodded and smiled with satisfaction, and continued: "However, I still have my original view and decision. Not only is there no bubble in the price of gold, it is still underestimated. .

As for different opinions and suggestions, they can provide the basis for their arguments for our reference. After all, no one can be sure of the future situation, and my basis is that gold is considered the best tool to fight inflation. The price increase has not kept up with inflation. In the future, the market will be in an environment of low interest rates and high inflation for a long time. From this perspective, the rise in gold prices will continue.

In the post-financial tsunami era, money and debt are flooded. If we don’t buy gold, what else can we buy? "