Thursday, February 09, 2012

 
 
 

 
 
 
 
 
China is in the "greatest bubble in history"
Advertisement
Wednesday, March 17, 2010
Text Size: increase text size decrease text size

By Daily Crux Editor Justin Brill:

Another China bear is making news this morning. This time, it’s James Rickards, former general counsel of hedge fund Long-Term Capital Management, and now senior managing director for market intelligence at Omnis Inc.

Rickards cites loose monetary policy and leveraged speculation as the reasons China is “the greatest bubble in history with the most massive misallocation of wealth”… and a “bubble waiting to burst.”

Rickards is worth paying attention to. He makes some interesting points. And as an insider at the failed Long-Term Capital hedge fund, he should know all about leveraged blowups…

Read full article...

More on China:

A commodities crash could be just around the corner

The U.S. is moving towards a currency war with China

New data suggest China's economy is slowing dramatically

Topics: China | Hedge Funds | Cruxallaneous
Facebook RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.