UH-OH: MORE PROOF THE REAL ESTATE BUBBLE IN CHINA IS BURSTING, AND DRAGGING DOWN THE REST OF THE CHINESE ECONOMY

MAXEDOUTMAMA: CHINA IS HEADED FOR A CRASH:

Chinese official stats for RE:

Building up, sales down, what could go wrong? 

AS A FRIEND OF MINE WHO DOES BIZ IN CHINA TOLD ME A FEW WEEKS AGO: THE SHIT IS HITTING THE FAN.

THERE'S PLENTY MORE AT THE LINK - LOTTSA CHARTS - ALL BAD.

THE CHICOMS ARE TRYING TO PROP UP THE REAL ESTATE BUBBLE AND IT'S DRAINING THE REST OF THE ECONOMY.

GO THERE NOW!