September 22, 2010
Video: Chanos Says China Is The Next Enron...
"James Chanos of Kynikos Associates says China is the next Enron. Of course, this would sound ridiculous if Chanos hadn’t been one of the original people to uncover the Enron scandal. Chanos is a master short seller, accountant and hedge fund manager. He essentially believes the Chinese economy is one big government run ponzi scheme. He thinks it will end very badly"
in The Prag Cap
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3 comments:
The million dollar question is not if rather than when the bubble will pop.
two million $ question is when to short Chinese real estate mkt.
Short sellers are usually not right every time. And why call it a bubble when the stock market has been unimpressive for several years?
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