Before China Crashes, This Is Going To Happen First

Monday, January 3, 2011
By Paul Martin

Joe Weisenthal
Jan. 3, 2011

SocGen’s Albert Edwards is the latest to predict an imminent crash in China.

Part of his reason for worry is that everyone is really bullish on China, ergo markets are setting up for trouble. To be fair, this isn’t really the case. Lots of folks have called for a China crash, including Jim Chanos, but also plenty of others.

The reasoning is straightforward enough: Go-go growth, a monster real estate boom, and cheap credit do tend to create a nasty hangover, when mixed.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter