subject: The 2003 American building market value higher than China's more than doubled [print this page] Go watch American barGo watch American bar. The 2003 American building market value higher than China's more than doubled, but one may not be the China and half. Price from building of wealth, between China and the United States than in a big change. However, such a comparison, the United States and Japan in two very different. First American real estate is not their most important asset. America's main asset is the knowledge and technology assets of value. On scientific and technological Louis Vuitton knowledge in Japan, China is still far behind. Here I would like to point out is that the United States, a significant decline in real estate pricing represents the wealth decline is the unfortunate that a class of their national income growth was not easy to resolve. However, from a relatively wealthy, because the wealth of knowledge in the United States, their international advantage will continue.
Second, the United States not only vast population and the Chinese quarter, to large, their living conditions could Crown to Earth. In this way, regardless of their ownership of the price decline in per capita how building real enjoyment, Japan and China is never and the United States. From the international situation, the use of the building is in gross income of more than a quarter. Such a measure Chanel Bags to calculate per-capita real income, China will surpass the United States is the foreseeable future. Macro international economy is relatively difficult to measure. It is assumed that the u.s. price drops to zero, meaning the building of prices fell, but it's important for people to enjoy the building, in essence, still far more than Japan and China. The problem is, a decline of national wealth, where members of the public to adopt a defensive strategy on economic growth.
When the 2008 Lehman Brothers incident, the financial crisis shakes the Earth, I still say that the United States the resources and knowledge of real estate assets are still or in spirit. Single resource on the prospect that this prospect is not the same. The problem is the value of resources is determined by the market. There is a problem in the financial markets, is a man-made disaster, the principle of free people, catch-up corner. Traditionally such amendments in the case of macro-areas, but we don't see this what contribution. Is macroeconomics and streaky, take a moment of fear that many of the professors. In conclusion, let me turn to the Bible, "said Eden examples. In addition there will not be able to eat the forbidden fruit, and everything else, the endless. The garden of Eden Gucci Bags and did not have a lack of wealth, nor is there, so there is no price income. Adam and Eve enjoyed a surplus of all consumers consumers surplus. As we mentioned above, the price of the real income is adjusted income, does not exist in the garden of Eden, but when it comes to actually enjoy the consumer surplus to count. In principle, this surplus can be measured, but no computation into generally national income.
Look back at the example of the US real estate, with China far more accessible than a garden of Eden. Assuming their premium drops to zero, their per capita buildings enjoy remains the same, although their wealth and income has declined, but because the prices are also declining consumer surplus increases more than offset. If we bring these decline, nationals of the other Designer Handbags unfortunate livelihoods has not declined. On the other hand, pure from real estate, because the consumer surplus is not counted in, plus the demand elasticity coefficient of a country's wealth and income rise may represent the standard of living of the population decline.
Different countries on Earth, to a certain extent, each with its own access to the garden of Eden. In my case, for example, China's ancient culture and enjoy a show, in addition to their own time its price to zero. Mentioned that the purchase and transfer of sweet-scented osmanthus trees grow, the China price only about one-tenth of five in the United States. These are the consumer surplus is very high. Countries in a different country, but each country has its own multiple access to the garden of Eden. On the other hand, the consumer surplus and different places of change can be very large. These changes in national income or national wealth no count. From an economic, scientific measure of wealth is not much compared to the mean, let alone between countries. Compared to the national income. You can consider and a bit of a Replica handbags tricky is the transformation of wealth or income, but based on some other situation unchanged and elasticity. Everyone can have their own garden of Eden. Like this morning, I study ancient artifacts in the afternoon, calligraphy, night out all good, but this music, all consumer surplus. Be rich? not secular said. But you know, if I have multiple entries for the gadgets you can transfer skills not just sell a calligraphy, calligraphy skills can sell Queuing people a lot. Waiver of Eden is the cost of making money, making money, is to say that this price decline on the margin. There is a demand for an increase in determines the law. Of course, the price of the building can be sharply. These substantial fluctuation may be since the herd instinct, or since the accumulation of Louis Vuitton Bags wealth has shifted. selected warehouse Anymore, historical experience that both damage to the economy, mainly the market redistribution of wealth. However, this may also be sharply since the Government's policy failures, or like the 2008 American tragic, financial market contracts concealing a big scam. From the latter two buildings of the price plummeted on economic damage is not small.
The 2003 American building market value higher than China's more than doubled
