I heard different theories from different ppl:Just the normal market cycleppl who got into a 7-yr variable loan just before the crash is about to get hit by a balloon paymentthe Chinese government is starting to restrict money leaving the country.

It's a high-risk long-distance play even if you're Chinese or the Blackstone Group.Detroit has a good emergency manager, a great bankruptcy judge, and an experienced turnaround exec in Mayor Mike Duggan (white guy who won with black write-in vote).

I remember that the Chinese were encouraging their citizens to buy silver about 6 months ago.

They raised money from Israeli and Chinese investors and they see a lot of capital flowing into MF properties.

@Enrique Jevons I assume you are talking about Chinese based in your “seizing land” statement.

But due to cheeper Chinese products flooding the market and all my competitors racing there prices to the bottom to be the lowest price; it was no longer profitable.I do plan on starting another online business in the finance sector and possibly another that focuses on commercial real estate.

The European, South American, Chinese, and Mexican economies are all currently in an economic slowdown or recession.

If I were to try to speak chinese or write it, my inability to do it would not be because of lack of education, it would be based on lack of experience.

And by the way, J, haven't you heard about the fabulous Chinese Ghetto basketball team?

Children may though.I've married into a Chinese family and can tell you that there are many wealthy Taiwanese and Chinese families here.