Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Bond King Bill Gross: Major China bubble ahead
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Tuesday, November 24, 2009
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From Newsmax:

The investment guru who runs the world’s biggest bond fund at Pimco, Bill Gross, says a speculative bubble is emerging in China.

Real economic growth there is still constrained by limited consumer demand from the United States and other trading partners

Gross told Bloomberg News that the Chinese will have “a bubble of their own” to confront shortly.

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More on China:

Morgan Stanley: Huge buying opportunity in China

Master short seller Jim Chanos: China could crash soon

China shakes the gold industry: Rumored to be interested in major U.S. gold miner...

Topics: China | Bill Gross | Cruxallaneous
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