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The Next Great Bubble: China

The Next Great Bubble: China

One more bubble, please.
After the bubbles in technology, housing, and commodities, we saw the mother of all bubbles: the one in global liquidity. The world economy seemed to require bubbles for its continued functioning.
I get the distinct feeling that investors’ prayers are now being answered: There’s a new bubble now – or an old one [...]

April 24 2009 | Posted in China | Read More »