Jim Chanos: China Facing ‘1930s’ Economic Problems
“I think the risks are more moving toward the political (rather) than the economic these days”
“I think the risks are more moving toward the political (rather) than the economic these days”
My favorite space visualization so far
The dumbest act in the long history of exceptionally poor strategic decisions made by the Crusaders
“The (Chinese) property sector is such a huge part of the overall economy and has been so important to economic growth that financial contagion is really the lessor problem.”
The good news is that bond investors have a terrible predicative track record
“We have a structural issue with our labor force that’s not going to be solved by zero percent interest rates and quantitative easing”
Profit squeeze should surprise no one…
China adding. US losing
Another inflation dismissing narrative goes by the wayside
India is the global economy’s next big thing, not China.