What is a Firm Asset?Posted: February 23, 2012
A firm asset is strictly an objective opinion of what I believe is beneficial economic insight for people who are interested in global economics. I am an undergraduate student who is studying Economics and has a concentration in Chinese. When I read about the global economic news, there are some aspects of economic insight that I feel is not taken into consideration. For example, there has been a growing real estate bubble in China, but in my opinion, I realize that some of the demand that fuels home-buying is that when a woman marries a man, she would prefer a man who is stable and has his own home. This drives the demand of buying a home and thus increases the price of property. This is a part of the modern Chinese culture and because China has such a large population, the amount of marriages they have is probably larger than that of foreign countries. As long as woman demand homes, the price will continue to go higher. Of course, there is a slow down in growth in China, but this is just my opinion
With my insight taking into account the economics, the culture, and the politics of the issues that I look at, I hope this will help me, as well as, my readers to see a different perspective.
Keep in mind that I am not the most knowledgeable person in Economics, however, it is something that I have an affinity for. If I have made a mistake or said something that was not right, please let me know. I am not perfect, but I do want to maintain my website as a Firm Asset.
With that being said, FirmAssets.com is a website that watches the global curve in the International market.