29.03.2010 - China's financial bubble ready to pop
From Vancouversun.com: The Chinese economy is a financial bubble that will inevitably pop, says Edward Chancellor, author of the classic text on financial manias, Devil Take the Hindmost. In a new report for GMO, the Boston-based money manager Mr. Chancellor lists 10 signs of a bubble in progress. They range from "blind faith in the competence of the authorities" to "a surge in corruption" to "inappropriately low interest rates."....................................Full Article: Source
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