All I can say is that your comments WRT China are spot on. Their housing sector alone is a real propped up deck of cards. Remember when they entered the WTO the gov't had to pump money into their banks as they had so much defaulted debt on their books - can you spell free capital? Could happen again.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.