| The credit bubble in China is "world-class" and is getting "worse and worse and worse," hedge fund manager Jim Chanos said. The deteriorating credit situation "has worked its way through things like steel, cement, [and] commodities globally," the founder of Kynikos Associates said.
Chanos, who first raised concern about China in 2009, added that he's "seeing arguably the end of the commodities supercycle," the boost for raw materials fueled by the rise of the economies of China and other emerging markets...............................................Full Article: Source
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