Mother of All Bubbles -- Part 2

Series Submitted by: H Greenleaf
Stocks - Options - Mutual Funds


Tags: China, Fxi, Ptr.

Last week, I wrote of China's bubble and the looming crisis when it bursts. An article in the WSJ underscores still more dramatically how imminent China's crash may be and, even more importantly, its implications for the larger Chinese society. It falls short, however, of touching on the significant implications for the global economy as well.

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Submitted: Oct 16, 2007    Views: 521    Comments: 0    Likes: 23   


Last week, I wrote of China's bubble and the looming crisis when it bursts.   An article in the WSJ underscores still more dramatically how imminent China's crash may be and, even more importantly, its implications for the larger Chinese society.  It falls short, however, of touching on the significant implications for the global economy as well.

The article, by  James Areddy  with help from Ellen Zhu, is well worth a close read.  http://online.wsj.com/article/SB119245722443459208.html?mod=todays_us_page_one

I reiterate my strong recommendation to sell all holdings in China's market, especially FXI and PTR.

 




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