patrick.net

Are you aware that much of the world, outside of the U.S., Japan & PIIGS nations, has massive property bubbles?

In hubristic defiance of the lessons that should have been learned from the calamitous American and European property crashes, emerging market property investors are sowing the seeds of the next major crisis as we speak:

http://www.thebubblebubble.com/emerging-markets-bubble/

#bubbles