Wednesday, Aug 12, 2009
The trigger for the next down phase
Telegraph: Credit tightening threatens China's 'giant Ponzi scheme'
China is having a bubble frenzy at the moment - sucking in excess liquidity into its stock markets and real estate. But it looks like it's all going belly up soon and may well result in the next leg down of the present recession. Expect Chinese stock market collapse in the autumn with world wide ramifications.....This recession is not over yet. It looks like a classic double dipper and the situation in China looks like the loaded trigger to set off the second dip.
Posted by euopean-bear @ 03:19 AM (201 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.