Yellow BRICS Road.... New "Silk Road" on rails

[babe]

I thought this sounded familiar. This is part 2 of a 2 Part essay by Pepe Escobar that first appeared on TomDispatch, a great website and resource for understanding the world we live in. I remember reading it a few years back.

Here is Part 1 of that essay, from TomDispatch:

https://www.tomdispatch.com/post/17...silk_roads_and_an_alternate_eurasian_century/

And Part 2 as it appeared at TomDispatch, where you get the benefit of Tom's commentary.....

https://www.tomdispatch.com/blog/175935/

Yes, these are both well-written and informative. I like his style.

The thing is, I know people who are trying to get Trump on this vision.

Why not a MagLev train to North America, a tunnel under the Bering Strait is do-able.

 

[b_line]

Well Real Estate is about where it was in 2008 before it all went sour.

Actually, most of our markets are what I term "punch-drunk", ready for another bubble popping storm. There's this generational sort of cycle in everything that follows a pattern. We are facing population reductions ahead and housing is a pretty bad bet. I think Casinos are a bad bet too.

This is the opposite of starting to recover. The markets were starting to recover 5 years ago. They are well above where they were in 2008. Even real estate is higher now. It's terrifying. Damn volatile markets.

 

[babe]

This is the opposite of starting to recover. The markets were starting to recover 5 years ago. They are well above where they were in 2008. Even real estate is higher now. It's terrifying. Damn volatile markets.

you're right. I have no idea whether this is the beginning of the mother of all superbubbles in financial markets, real estate, or commodities or tulips. I thought we were going to crash in 1967,
1974, 1981, 1989, 1999, and 2007. My dad invested long term and ignored all that. At least I did buy low even if I never sold high, or sell at all.