November 16, 2005

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Signs of the Coming Bear Market

A report today that some Hong Kong gourmets paid US$111,000 for a huge white truffle, that they then donated to charity. One can always see tell-tale signs of excess in any market, and it's usually the 'gourmets', 'gentlemen', and other dilettantes of this world that exhibit them. Pride before the fall...

posted by HK Dave on 11.16.05 at 08:19 AM in the Hong Kong economy category.


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