April 15, 2010

China Doomsayers Keep Talking

Jim Chanos interview by Charlie Rose (whose show is partially funded by US taxpayer dollars) is getting lots of play time today with Chanos reaffirming his belief that China will collapse this year. Meanwhile in China "independent economist" Andy Xie, famous for years for his more sober views on China, now says Chinese real estate is a bubble ready to pop and with bad consequences. Chanos and Xie are just two in a growing group of talking heads staking their reputations on a China crash call. We'll see what happens over the next 8 months. And if they are wrong will their clients including media outlets still pay big buck$ for their thoughts in the future....?

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Wow! Kaiute Animae Gerl! Is it Chinese Animae?
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