Saturday, February 13, 2010

Mish Shedlock China is the biggest Bubble in History

Mish Shedlock believes that China is a bubble ready to burst , Mish was interviewed by Max Keiser , Mish in particular believes that it is not a good sign that China keeps on producing consumer goods in a time when all signs from the markets in particular the develloped world indicated a reduction in consumption and in imports , Mish believes that everybody is betting on Renmenbi to rise , particularly the hedge funds which are holding billions of dollars and are waiting for the Yuan to rise so that they can exports their money back into US dollar ...it is a crash scenario ready to happen according to Mish...


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