China may rely too heavily on property development to keep its domestic economy running foreshadowing a real estate bubble burst similar to the one in the U.S.
China may rely too heavily on property development to keep its domestic economy running foreshadowing a real estate bubble burst similar to the one in the U.S. "China’s property market is a bubble that may burst by as early as this year, according to hedge fund manager James Chanos. The world’s third-biggest economy may need to keep up the pace of property investment because up to 60 percent of its gross domestic product relies on construction, said Chanos. The bubble may begin to 'run its course' in late-2010 or 2011, he said in an interview on 'The Charlie Rose Show' that will air on PBS and Bloomberg TV. China is 'on a treadmill to hell,' said Chanos, who said in January the nation is Dubai times a thousand. 'They can’t afford to get off this heroin of property development. It is the only thing keeping the economic growth numbers growing.'"
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
The results come from a 15-year study that used ultrasound scans to track blood vessels in middle-aged adults starting in 2002.
- The study measured the stiffness of blood vessels in middle-aged patients over time.
- Stiff blood vessels can lead to the destruction of delicate blood vessels in the brain, which can contribute to cognitive decline.
- The scans could someday become a widely used tool to identify people at high risk of developing dementia and Alzheimer's.
What defines a dark horse? The all-important decision to pursue fulfillment and excellence.
When we first set the Dark Horse Project in motion, fulfillment was the last thing on our minds. We were hoping to uncover specific and possibly idiosyncratic study methods, learning techniques, and rehearsal regimes that dark horses used to attain excellence. Our training made us resistant to ambiguous variables that were difficult to quantify, and personal fulfillment seemed downright foggy. But our training also taught us never to ignore the evidence, no matter how much it violated our expectations.
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