Thursday, May 24, 2007
China Crisis?
BBC: Greenspan fears China market fall
Exponential speculation or un-tapped wealth?
Posted by nearly30 @ 07:53 AM (150 views) Add Comment
8 Comments
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1. sold 2 rent 1 said...
Is this the top????
2. tyrellcorporation said...
Nice title Nearly30 - although technically if you have heard of China Crisis you should be Nearly40! ;)
3. sold 2 rent 1 said...
"Bull in a China shop" is the other top article headline
4. harold said...
Interesting comment from Greenspan - looks like he's trying to worry people in the hope of avoiding a cataclysmic crash. If, however, the central banks will print print print, what else can they expect but speculative bubbles? The Chinese dragon is clearly out of control.
5. japanese uncle said...
Greenspan may well have done some short-selling transactions himself.
6. harold said...
Can't imagine Greenspan would ever tip-off his 'mates' prior to such an announcement.
7. mrmickey said...
So we have the Communists with their hands firmly around the balls of the global capitalist system, maybe this is all part of the big leap forward, crash global markets paving the way for a new world of global communism/socialism, you couldn't make it up.
8. harold said...
mrmickey, I think you did just make it up actually. If you think that the Chinese state (1) is communist and (2) have "their hands firmly around the balls of the global capitalist system", you really need to read more widely.