This is interesting - according to the latest expert, it's China's fault that the American residential market is in the tank. It's not the American sub-prime mortgage lenders, it's not the American people who bought more house than they could afford. It's not thousands of American homeowners running away in the middle of the night and letting their homes go into foreclosure. It's the Chinese's fault. OK. Well, read the article for yourself and see if you follow his reasoning
http://www.rockymountainnews.com/news/2008/apr/03/housing-put-in-perspective/
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