Sunday, April 28, 2013

DailyMarkets.com - Australia To Enter A Very Sad Decade – Update

DailyMarkets.com - Australia To Enter A Very Sad Decade – Update

Australia To Enter A Very Sad Decade – Update

Posted: 27 Apr 2013 07:50 PM PDT

Australia is on the tit of China. One trend that can not last forever is the credit expansion by Chinese banks. One can only fear for the Muppets investing in property in the wider Asian region.

Previous Post: Australia to enter a very sad period 

The most famous short seller of China in the World is Jim Chanos, in this video he makes some very good points. Chinese construction and credit expansion is at risk, and when it rolls over so will the region.

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