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Loan Modification

: Mortgage Lender Implode-o-Meter

China's property bubble

By Implode-Explode Heavy Industries

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"The Bank of China is now reining in lending, apparently trying to avoid the realization of a recent forecast by Jim Chanos that China is "Dubai times 1000". From the looks of the CNN video below, the property market looks to be at least Dubai times two or three."

Full post as published by Mortgage Lender Implode-o-Meter on January 21, 2010 (boomark / email).

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