China Is Crashing … As Predicted

by George Washington
ZeroHedge.com
03/07/2014

The head of China’s sovereign wealth fund noted in 2009: “both China and America are addressing bubbles by creating more bubbles”.

He’s right …

Global credit excess is worse than before the 2008 crash.

The U.S. and Japan have been easing like crazy, but – as Zero Hedge notes [if you missed it when Tyler Durden first posted this] – China has been much worse:

The Rest…HERE

This entry was posted on Saturday, March 8th, 2014 at 2:29 am and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.