"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Thursday, November 03, 2011

UH-OH: CNN: IS THE CHINESE BUBBLE ABOUT TO BURST?

MAYBE. GULP.

CHINA IS ONE GREAT BIG FREAKIN' FANNIE MAE.

3 comments:

Pastorius said...

Didn't we beat them to the scoop by about a month and a half?

http://astuteblogger.blogspot.com/2011/09/china-about-to-collapse-price-of-land.html

Reliapundit said...

U DA MAN!

ITZ GOOD AT CNN IS REPORTING IT

Pastorius said...

It sure is.

The other day I was talking to a guy I know who is a broker for Merryl Lynch and he was touting investments in China as being "stable."

I told him I did not think that was true, in the least.

He looked at me like the Queen might look at a pauper. Who was I to tell him about markets?

What a fucking joke.