Fri 26 Oct 2007
The bearish take on China
Posted by oneonian under Money Talk
As China continues to rampage through the stock markets, far outpacing the underlying economic growth of 12% annual, compare to 500% of increase in Shanghai Index since 2005 (225% annual). No doubt bearish stories will begin to surface. According to my dad, his analytical statistics and pattern studies suggest crash near February of 2008. We shall continue to monitor the market, and pay special attention to the movements of $1.7 trillion dollars in China reserve.
Here is one link.
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