China on ‘Treadmill to Hell’ Amid Bubble.


#601

bloomberg.com/news/articles/ … -bad-loans


#602

scmp.com/business/markets/ar … rgest-yuan

Go east young man :smiley:


#603

reuters.com/article/china-bo … SL3N17S1ME


#604

Where did we see that before? :laughing:

wsj.com/articles/why-chinas- … 1462276289

nytimes.com/2016/04/03/magaz … .html?_r=0

Interesting read…


#605

next.ft.com/content/ec3df7f3-12 … 434391bf15


#606

uk.reuters.com/article/uk-chinab … KKCN0YB138


#607

Squeeky bum time.
China is about to experience the turbulence that the west went through in the 70’s.
They are at that same level of maturity.

The real question is, how much will this impact us ?


#608

in.reuters.com/article/idINFit960639


#609

Zerohedge has gone to the dogs as they’ve increasingly adopted a pro-Russia/pro-Trump line, but they did discuss a WSJ article that suggests the Chinese are still going full steam ahead with their property bubble.

zerohedge.com/news/2016-06-2 … 0-one-year

Found another article that discusses the situation in China. It all feels so very much like Ireland circa 2006.

weekinchina.com/2016/06/chi … ty-titans/

If you had swapped the currency to Euro and changed the locations from Chinese to Irish you could very easily be talking about Ireland in 2006. Don’t remember 2006? Take a look at this Irish Times article from the day, reads eerily similar - irishtimes.com/business/comm … -1.1023380

At this stage, I simply cannot see how China doesn’t have a significant correction and banking crisis. At this point, the situation in China is so fragile, we just need one liquidity event for the whole edifice to come down.


#610

Actually Ireland was also doing most of those things in the boom. Infrastructure spending, for instance, was significant.


#611

Interesting that Taiwan is included


#612

Official Chinese policy is that Taiwan is still part of China and it not recognised as a separate country.


#613

Do they include Taiwan figures when calculating Chinese GDP & avg. salaries ?


#614

I don’t know.


#615

So more than 5 years ago, Bloomberg wrote this - as also quoted in the very first post of this thread.

I am not familiar with the Chinese market, and as I don’t want to read all the thread again, does someone know if the prediction of this hedge fund manager in fact materialize?


#616

China literally on the way to hell – Beijing has sunk 11cm due to groundwater extraction, according to satellite study.

theguardian.com/world/2016/ … tudy-warns


#617

Was it Michael Burry of Scion?


#618

Sounds like something Jim Rogers might say


#619

well now, the broadband plan is going to be funded by taxpayers for the benefit of the world class brains in the Irish telecommunications industry, who have been too busy telling us over the years that it took 2 years to get a connection when the Dept of Post and telegraphs were in charge, that they hadn’t any time left to figure out how to roll out rural broadband (or any broadband).


#620

Not much room there for anything other than a normal sized car to pass under. Ability to take tight corners also looked limited