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RyanW439

11/10/09 10:22 PM

#10547 RE: megazoo #10546

Interesting perspective. I have a hard time believing that the industrialization in China is a farce.. I guess they're storing all the copper the world can produce as well? If I remember correctly, they regulated how much people could drive during the olympics. These guys are communists, so who knows what the heck they're doing over there with all the cars.. Still, I think the growth is legit. Buying cars and parking them in parking lots doesn't seem like a wise investment..although, neither does T-Bills!! Maybe they like to invest in things that depreciate with time...

Risicare

11/10/09 10:27 PM

#10548 RE: megazoo #10546

Thanks for posting that interesting article It is an obvious bubble but it could be awhile to pop still... The fact is though nobody and I mean nobody can say Chanos doesn't do his homework. He is a very sharp fellow.