contrarian-investor-sees-economic-crash-in-china: Personal Finance News from Yahoo! Finance
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if this gonna happen. maglisud tanan og bangon.
contrarian-investor-sees-economic-crash-in-china: Personal Finance News from Yahoo! Finance
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if this gonna happen. maglisud tanan og bangon.
It will happen, definitely. China's economy is like a bubble - a flash in the pan.
actually im preparing my businesses for this..
the fall of the super economies will give way to the developing countries assuming such countries have prepared their resources..
the philippines will benefit so much from this.. hehehe.. if you know how...
Here's the rebuttal: Jim Chanos is Wrong; There is no China Bubble - Forbes.com
What we do in life echoes throughout eternity~ Please support your lokal artists and their efforts to promote the Cebuano identity and culture!
the rebuttal is expected because China is the biggest potential single volume consumer as well as production considering their population and these people have interests in China.
i find Chanos' theory relevant, practical and strong.
everybody is always against a bubble, that is the beauty of it just like pyramiding and that is the very reason Chanos is known to be a contrarian investor. people saw it coming but they refuse to see it coming.
e.g. subprime loans and healthcare deterioration in the States which caused the current recession.
Last edited by LytSlpr; 01-12-2010 at 01:32 PM.
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