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I am fear

Posted on Jul-08-2009· by

I must recognition, I am FEAR.

Why, I read paper today, the price of a house in suburbs rose up 100% in recent 6 moths !!  In many city the price of real estate rose up more than 30% in recent  3 months .

I read a report wrote by Social Sciences OF China, in China , nearly 40% small and medium-sized company closed , I watching CCTV ,  the press said in Bei Jing Train Station , a worker just eat 1 YUAN for his dinner. Official said there are more than 20,000,000 migrant workers lost their job. I hear some old woman said to another old woman, her grandson had graduate more than 1 year but can not find job.

So rapid increase in prices of real estate make some business owners do not work, they use their money to invest real estate , I think it is a big error. I think the most important things in current China is not GDP, I think the most important things in the current China is Employment Rate . If business owners use their money to invest in real estate, that means more worker will lost their job.

And, many reporter said in china, most of people can not support the price of real estate .  So who are buying and help to rising the price of real estate.When the price of real estate rising 30% in 3 months, the price of chummage drop down 20% ~ 30% too ,Why the strange thing happened in the same time?  A paper reported that one personal buy 34 house in  2 months ,  he can use a low loan rate get many money, and in 3 months, he got 30% profit , there called “investor” , these people not only get profit from difference of prices , when they buy a house , they rental the house in the market, but many worker can not find a job, so one hand there are many house push into the market , but in the other hand , lower people need these house.

I think there are many people in china need a house, but the price of real estate had make a family must use their 70% income to support the loan more than 30 years , it is really make many people FEAR.

Last month, there are 100,000,000,000$ unexplained funds come in china, I really warry about the store of “South-East Asian crisis” or  the story of “Vietnam” happened in China.In last 6 months, there are 6,800,000,000,000 loan been put in the market , this is a record in china , if these money can not been use Stimulate factory begin working , but let factory closed and “invest ” real estate , that will create CRISIS.

I had to say, I am fear , for a long time in recent 3 months.

No time, just write a short note, hope somebody can read it and hope china have a good future.

2 Responses to “I am fear”
  1. I am fear again | china investor Says:

    […] six months ago, I wrote a listing: I am fear , I reported the price of real estate department  rising craze, Now, Six months later, the price […]

  2. Brunelly Says:

    Im doing a comp sci assignment, but for some resaon i get $2500 as my total value instead of $2900 shown in test case 2. My logic is as follows:sell 50 shares at 30 each. nothing is there, place in sell queue.buy 100 shares at 20. no shares available to buy at that price. place in buy queue.buy 40 shares at 40 each. buy 40 out of the 50 shares at 30 each. total value is now $1200. 10 shares at 30 each still in the sell queue.sell 50 shares at 10 each. sell 50 of these shares at 20 each. 50 shares at 20 still left in the buy queue, and total value is now $2200.buy 30 shares at 30 each. buy the last 10 in the sell queue at 30 each. total value is now $2500. What am i doing wrong here? Below is the assignment information.BackgroundStock trading is done using a so-called double auction system in which buyers and sellers can entercompetitive orders simultaneously. The orders are of the form buy m shares at $x each or sell nshares at $y each . Since the number of orders is very large, a computer program must be used tocontinuously match orders and to store unmatched orders for subsequent processing. In this project youare asked to write a Java program performing order matching according to the rules of a double auctionsystem.The double action system operates as follows. When a new buy order of $x per share arrives, it issimply stored for future use if none of the stored sell orders has an asking price lower than or equal to$x per share. If at least one of the stored sell orders has an asking price of $x per share or less, then thenew buy order is matched with the sell order with the lowest asking price. When two or more of thestored sell orders have lowest asking price, then the earliest sell order must be matched first. If someshares of the sell order with lowest asking price remain unmatched, they must be saved for futurepossible matchings. On the other hand, if some shares of the new buy order remain unmatched, theabove matching algorithm is repeated until no more matches can be made.Processing of a new sell order with an asking price of $y per share is done in a similar way. If all storedbuy orders have an offer price per share strictly lower than $y per share, then no matches can be madeand the new order is simply stored for possible future matches. Otherwise, the new sell order isrepeatedly matched with the buy order with the highest offer price until no more matches are possible,handling ties and partial matches as abovesample input 2:sell 50 shares at 30 eachbuy 100 shares at 20 eachbuy 40 shares at 40 eachsell 50 shares at 10 eachbuy 30 shares at 30 eachshares exchanged 100 total value 2900

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