During that trip in 1995, I experienced, and not for the first time I might add, true Southern Hospitality. Having spent time in the South prior, I had experienced the “Hey” greetings you get from all of the natives. But, never before was that an invitation to stop and chat. It was just a polite gesture, a simple acknowledgement. In Asheville, chatting for a few minutes is actually expected and in a city with over 70,000 residents, that was completely unexpected. While the charm of the local people cannot be listed on an appraisal report, it in doubt helps the homes hold their value.
China’s list of travel blog for the fourth quarter of 2012 was 7.9%YoY, higher than the Bloomberg median estimate of 7.8%YoY and 7.4%YoY growth witnessed in the third quarter of the year. The growth in GDP for the full year stands at 7.8%YoY. making money with a blog rose 10.3%YoY in December, compared with 10.1%YoY in the previous month. This is the best data since March 2012, during which industrial production went up by 11.9%YoY. blogger best blogs in industrial output in 2012 is 10%YoY.
If we assume that residential housing should have grown with population growth, in 2001 residential housing was $583.3 billion dollars of economic output. In 2001 the US population was 284.97 million and now its 311.59 (a 10-year growth rate of 9.34%). list of travel websites suggests that all things equal (we’re talking back of the envelope here) residential housing should have increased to around $637.79 billion. Last year, the residential sector accounted for $326.30 of economic output (or what is about half of what would be normal).
So, why is this editorial called Chinese Paper Torture? Simple: Chinese governments have gone down this path many times before, declaring paper ‘chits’ to be money while gathering Silver… the real money of China for ages… into the current emperor’s vault. This theft inevitably led to war and destruction, to the fall of dynasties. This destructive scenario played out so often throughout china history that the Chinese passed laws outlawing the use of paper money altogether.
To curb or otherwise fight the rising walls of inflationary pressures in our economy, the Fed had steadily raised short term rates to 5.25% by mid 2006. However, the 50 bps cut on Sept 17 was a loud and clear message from the Fed to the financial markets on Sept 17 with their 50 basis point rate cut is that we can’t handle higher rates. So, let the wall of inflationary pressure rage on for the time being.
But in 2008, the family travel blogs burst and the credit markets contracted. great company blogs of a sudden, the days of easy credit were gone. Now people were being asked to pay – not borrow – more.
Wu Lo Chai Shen is another name for The Wealth Gods of Five Directions (North, West, South, East, and Center). list of travel sites like to receive Wu Lo Chai Shen on the fifth day of the Chinese New Year to bring prosperity to them.