I admit, I was wrong on China

Discussion in 'Economics' started by The Kin2, Jun 4, 2007.

  1. Whenever someone would claim China was in a bubble or looking for ways to short China, I would laugh and mock them. I was under the belief that we were just seeing the catch up effect on an economy of 1.3 billion people; the rapid growth was fully justified.

    Boy was I wrong!

    China is the biggest bubble of them all.

    Congrats to who got it right. Also, did anyone ever discover a shortable instrument which correlated China 95%+?
  2. Economy purchasing power of about 300million... The rest cant even afford to shop at a "local" Walmart
  3. ? The manufacturing growth is real, even if it only covers a small percentage of the total population.
  4. out of curiosity, what made you change your mind?
  5. Lorenzo


  6. Careful with CAF its a closed-ended fund that can trade at a discount or premium.