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China’s Precarious Balancing Act

Him again…..Jim Chanos Source of picture. www.marketfolly.com   By John Richardson THE Chinese government is playing a perilous game at the moment as it tries to undo damage caused by economic stimulus. As it grapples with attempting to lower property prices, while not causing a real-estate market collapse, this once again brings to mind famous […]

China: Playing the Devil’s Advocate

Jim Chanos gets it right more than 70% of the time (unlike Alan Greenspan)   Source of picture: New York Post   Somebody has to play the devil’s advocate, but having just finished reading Gillian Tett’s excellent Fool’s Gold about the financial crisis, this is about more than just trying to provoke a response; it’s […]

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