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Re: BTH post# 3109

Tuesday, 01/17/2012 10:50:05 AM

Tuesday, January 17, 2012 10:50:05 AM

Post# of 30493

I think China is like a giant Enronesque Black Box. You can never understand their financial situation bc they will just make up whatever numbers they want.

This is indeed hazard for investors, which is why it helps to examine GDP forecasts from several sources, as in #msg-70959130. Also see #msg-70746353 re unreported household data.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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