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  • #883,841
  • Mar 17, 2014 10:06pm Mar 17, 2014 10:06pm
Quoting Chicky
{quote} Many countries do not allow foreigners to buy land there. I had my land in one such country and I believe govt retaining token title is part of that policy. However, in the same country you can also buy a free-hold land. Maybe that was a British rule for their colonies, because my lease was issued by British Govt. before independence. However, during my visits to a couple of former USSR countries, I learned that people actually owned businesses but only formal title rested with the Soviet Govt. I don't have anything relating to that land...
Slow, I remember a friend of mine who owns a house in Los Angeles telling me something similar. Maybe a conditional property ownership title from there helps your friend. Search the net for relevant laws and regulations where your friend owns his property. Rules may vary from country to country, state to state and situation to situation.
The Thief of Wall Street
  • #883,842
  • Mar 17, 2014 10:07pm Mar 17, 2014 10:07pm
Quoting gatorinla
{quote} it seems u have a bias. if the weather man says it will snow tomorrow. i will bring a coat, even if it dont snow. whats Detroit have to do with china? nothing. a city built for a million residents backed by the government, that only has 70,000 people is a problem. a 100 cities like this is a major problem
nah no bias, just a lack of understanding. Confused as to 'how' China links to the rest of the world besides passing products from point A to point B.

What I meant by Detroit is that if the ghosts cities in China are 'owned' by one entity with no wide spread investors, I don't see the systematic risks of it.

And that is what I was trying to get to, is the 'government backing' a guaranteed insurance policy? or is it a promise that can be broken? seems like the risks are showing it as an insurance policy and PRC isn't necessarily going to do the bailout.

Keeping what I typed up to not confuse where I was coming from.

Found my answer, and I was wrong about what I thought I knew and how money is invested into China. Might be worse than what is being lead on.

"Xinyuan is a Cayman Islands holding company that operates through a subsidiary in China."

http://www.abcmoney.co.uk/news/262007171501.htm

so foreign money does have free reign in some areas.

Like I said, i have no bias, but forcing to read on it a little bit, cleared up my misconceptions a little bit.

1/3 of China works in agriculture compared to what .. 1/100 in the US .. they can just urbanize everyone in those cities .. problem solved.
  • #883,843
  • Mar 17, 2014 10:12pm Mar 17, 2014 10:12pm
Quoting Chicky
{quote} Slow, I remember a friend of mine who owns a house in Los Angeles telling me something similar. Maybe a conditional property ownership title from there helps your friend. Search the net.
I will search out of curiosity. I don't think they are there anymore. It was one of those 'teaching' assistant jobs at the university there, they went from South Korea to China to teach English through some recruiter. They (with wife) wanted to open a store in the "Shanghai French Concession" after living there for a while; From what I remember that I understood, they thought it would be like going to London and buying property, but it wasn't that simple or similar. It was made clear that they don't own the land, if the government wants the land, they need to move the building.

http://en.wikipedia.org/wiki/Shanghai_French_Concession
  • #883,844
  • Mar 17, 2014 10:20pm Mar 17, 2014 10:20pm
Quoting slow-trader
{quote} I will search out of curiosity. I don't think they are there anymore. It was one of those 'teaching' assistant jobs at the university there, they went from South Korea to China to teach English through some recruiter. They (with wife) wanted to open a store in the "Shanghai French Concession" after living there for a while; From what I remember that I understood, they thought it would be like going to London and buying property, but it wasn't that simple or similar. It was made clear that they don't own the land, if the government wants the land, they need to move the building. http://en.wikipedia.org/wiki/Shanghai_French_Concession
"Concession" - That explaines it all. You don't own land. I recently sold off a beautiful property located in a National Park (environmentally protected area). I was not allowed to build a house there. Therefore, I developed the land as an orchid and build a "farm house" (of course it was way beyond a typical farm house building) before selling it off.
The Thief of Wall Street
  • #883,845
  • Mar 17, 2014 10:41pm Mar 17, 2014 10:41pm
Quoting slow-trader
{quote} nah no bias, just a lack of understanding. Confused as to 'how' China links to the rest of the world besides passing products from point A to point B. What I meant by Detroit is that if the ghosts cities in China are 'owned' by one entity with no wide spread investors, I don't see the systematic risks of it. And that is what I was trying to get to, is the 'government backing' a guaranteed insurance policy? or is it a promise that can be broken? seems like the risks are showing it as an insurance policy and PRC isn't necessarily going to...
i dont know if its a 1/3. but whatever the number is, if u take away the people producing food for your country. who feeds the rest living in the cities?
this is going no where, i am out. here is some food for thought.. the aud moves with mineral commodity demand. since april its mostly down compared to most other pairs. (not yen).. the kiwi is a commodity pair, but geared more toward agriculture % wise. the aud is down verse the usd and kiwi. the usd 15%..whats that say about china buying commodities?
those who can, do. those who cant, talk about those who can
  • #883,846
  • Mar 17, 2014 11:24pm Mar 17, 2014 11:24pm
Quoting gatorinla
{quote} i dont know if its a 1/3. but whatever the number is, if u take away the people producing food for your country. who feeds the rest living in the cities? this is going no where, i am out. here is some food for thought.. the aud moves with mineral commodity demand. since april its mostly down compared to most other pairs. (not yen).. the kiwi is a commodity pair, but geared more toward agriculture % wise. the aud is down verse the usd and kiwi. the usd 15%..whats that say about china buying commodities?
I was joking about the aggies, made up the 1/3 number.

your food for thought, thanks, understand. That is why i mentioned earlier that upto 80% of Aussie mining is foreign investors, that would be the contagion you speak of.

I was just curious as to a link between China/Rest of World other than pushing products and any insight someone might have on it.

thanks for replies.
  • #883,847
  • Mar 17, 2014 11:24pm Mar 17, 2014 11:24pm
First National Bank of GameStop
  • #883,848
  • Mar 18, 2014 12:04am Mar 18, 2014 12:04am
13832
13104
--------- -
00728
13562
---------+
14290
12042
--------- -
02248
---------
2
=
(1124 x -1)+14290=13166
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #883,849
  • Mar 18, 2014 12:51am Mar 18, 2014 12:51am
Stop paying your property taxes in the US and you'll find out in a hurry who really owns your land.
  • #883,850
  • Mar 18, 2014 12:57am Mar 18, 2014 12:57am
Hello EUR/US

Big question will

Dragi step in to keep the EUR in check or not

See quiet a few traders holding on for 142 etc
  • #883,851
  • Edited 1:31am Mar 18, 2014 1:16am | Edited 1:31am
Russia's Vladimir Putin recognises Crimea as nation. so the Russians will protect Crimeans from the Ukraine's PM man hunt. EU and US will aid Ukraine from Kazakhstan, probably.
and then WW 5

North Korea has fired 25 short-range rockets from its east coast into open water, in what appears to be a "provocative" action,
wahh....US is busy going war....USD weaken..

“We received on March 4 information that indicates that terrorists may be planning attacks on Beijing International Airport,” Tsai told reporters yesterday on the sidelines of the Legislature's National Defense and Foreign Affairs Committee.
waaahhh... who would terror China ????
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #883,852
  • Mar 18, 2014 1:59am Mar 18, 2014 1:59am
With so much US data lined up ...... and the mornings so uneventful with the EUR USD holding up above 1.3930, will there be a pull back or will the value drop ?
Are you folks still seing it to run up to 1.40 and beyond ?
Everything you want lies on the other side of fear.
  • #883,853
  • Mar 18, 2014 2:19am Mar 18, 2014 2:19am
More the data to be come from USD more chances to goes towards 1.40 as we seen yesterday 1 red news and it touched 1.3947
  • #883,854
  • Mar 18, 2014 2:53am Mar 18, 2014 2:53am
maybe some support in the 3984/94 area...
Look Sharp/Trade Tight
  • #883,855
  • Mar 18, 2014 2:54am Mar 18, 2014 2:54am
hi guys
what do you thinking about German ZEW Economic Sentiment ?
and what happen in eurusd ?
do you think in news eurusd go up ? or go down ?
  • #883,856
  • Mar 18, 2014 2:56am Mar 18, 2014 2:56am
Quoting LionHeart
hi guys what do you thinking about German ZEW Economic Sentiment ? and what happen in eurusd ? do you think in news eurusd go up ? or go down ?
with the 100% probability I can say that the graph and the price will go the right way on your chart..
no problem
  • #883,857
  • Mar 18, 2014 2:59am Mar 18, 2014 2:59am
Quoting 21vs7
{quote} with the 100% probability I can say that the graph and the price will go the right way on your chart.. no problem
thanks
but 100% is not probability
  • #883,858
  • Mar 18, 2014 3:01am Mar 18, 2014 3:01am
Quoting LionHeart
hi guys what do you thinking about German ZEW Economic Sentiment ? and what happen in eurusd ? do you think in news eurusd go up ? or go down ?
I'm afraid we will never see such low USD level again this year.
Gold is crashing,and so will be EUR,GBP and so on.

actually,economic date did little with EUR in the past month.
no other killers to me but emotion
  • #883,859
  • Mar 18, 2014 3:02am Mar 18, 2014 3:02am
Quoting LionHeart
{quote} thanks but 100% is not probability
but it is..
  • #883,860
  • Mar 18, 2014 3:02am Mar 18, 2014 3:02am
Well, I will be shorting those spikes until further notice.
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