Gravscan new home starts in the US dropped 16.5% last month you call that encourageing.Home prices are off 27% from 2006 prices.
US is dipping into pension funds for money,cause they dont have any.
If China stops buying US bonds or even worse starts selling the US are in serious trouble.They are in serious trouble whichever way you.
From my experience doing business in the US they are one eyed and focussed on themselves,so its easy for them to be convincing to US citizens,I am not sure the rest of world has the same warm fuzzy feeling and things are about to change fast.
Gravscan new home starts in the US dropped 16.5% last month you...
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