Retarded financial system

Corbett | October 4, 2010 11:13 PM

It's refreshing when an article on China can say something meaningful and use the word "retarded" in one sentence...

Here's a good overview of the entire Chinese property market:

"Despite government efforts to stifle demand, analysts have long warned that the rampant speculation in China's property market is the result of a retarded financial system in which depositors are effectively taxed for squirreling their money away in the banking system but are given few attractive options for investment and growing their money.''

Source: iMarketnews.com


Category: Cool Links

Comments (0)


Add a comment








Type the characters you see in the picture above.


3q2u is written by Corbett Wall, and is really just a window into my quirky little world. It's also a way for me to exercise my thoughts and make random comments outside of cultural, language, or business barriers.

3q2u is an acronym which if said in Chinese and Japanese sounds like "Thank you to you!" Dumb but easy to remember. More >>


Browse

Categories
Date

Search


Read


Visit

Featured in Alltop