[quote=spdrun]All the more reason to hope for the Chinese stock crisis to deepen over the next few months. Broke people can’t buy homes abroad.[/quote]
be careful what you wish for…
I mention this because the world has never been more economically integrated, there are going to be chaotic economic affects for the US economy if the Chinese stock market implodes.
consider for example if aspiring consumers in china suddenly feel like not traveling because they feel much poorer because of the stock market (it will have affects on US manufacturing)
