China

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Euler
Posts: 24816
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Saw this last night. I know somebody in China who has been screaming at me for years along a similar line, so I would concur with Peston.
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Looking forward to watching it tonight. I personally feel it is along way from disaster and they have just been warming up driven by exports the past 10+ years. I think it would be difficult to know truthfully the financial strength of the government and now the locals are spending.
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superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

Copper... http://finviz.com/futures_charts.ashx?t=HG

at its lowest since July 2009.

the size of the credit / construction / property bubbles in China are mind-blowing - they've made all the mistakes of Japan but on a monumentally bigger scale.
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