The property crash is so near.
The gold crash has demonstrated what will happen when unreasonable speculative bubble bursts. The results is all there to see. Gold has easily lost 1/3 of its value in a matter of 1 year. Although personally I believe gold may not fall much from here ( 2300 per gm Indian price), I expect property market to fall like a pack of cards.
Do not underestimate greedy,cunning Indians of today's age. They are not like people 2 decades back. If crash comes, it will be ruthlessly play out as Indians are ready to do anything to make money nowadays. Especially after the new economic policy (wrongly attributed to 'not fit to be clerk' MMS).
In internet age the crash can be huge.
A ordinary citizen's view about Indian economy, politics, finance and share markets Readers comments are most welcome
Showing posts with label nifty crash indian stock market crash indian RE crash bubble RBI. Show all posts
Showing posts with label nifty crash indian stock market crash indian RE crash bubble RBI. Show all posts
Tuesday, April 16, 2013
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