Observations on China’s Bubble, or the “Lose-Lose” Reality of a Financial Cocaine Addiction

Trainspotting

Image by Profound Whatever
"1,000 years from now there will be no guys and no girls, just wankers."

Unless I find some time during finals week (unlikely), this may very well be the last poster I make for a very long time, so I thought I’d end with Trainspotting. Nothing like a Scottish heroin movie to lift the spirits.

Previously:
The Crazies
Men in Black
Don’t Look Now
The Taking of Pelham 123
Unbreakable

Observations On China’s Bubble, Or The “Lose-Lose” Reality Of A Financial Cocaine Addiction
Jim Quinn’s has penned a good post on the ” mother of all bubbles ” in which he analyzes the impact of cheap credit and surging money supply on Chinese real estate, hot on the heels of recent Zero Hedge disclosure that nearly 65 million homes in China lie vacant. Using data from The Casey Report depicting the explosion in monetary aggregates, it is rather easy to see just where all the “excess …
Read more on Zero Hedge