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Credit Boom in China Could Trigger Bigger Crisis Than 2008; Three Things China Wants, Eight Things C - Mish - Global Economic Analysis

What are some choices to bet on a credit bust in China?

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Début de l'article :In case you think all is well with China and the Yuan will soon replace the dollar as the world's reserve currency, you may wish to reconsider. Credit growth in China is expanding at a massive rate on nonviable projects, and that is the only reason China has been able to meet its growth targets. Marc Faber believes China could spark a bigger crisis than in 2008. An alarming credit boom in China could trigger a global financial crisis that would make the one in 2008 look mild by comparison, sa... Lire la suite

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