China needs to tighten urgently monetary policy:

Roubini suggests China needs to urgently tighten monetary policy:
http://www.reuters.com/article/idUSTRE60K22Z20100121?loomia_ow=t0:s0:a49:g43:r1:c1.000000:b29935478:z0

Jim Rogers says there is now an asset bubble in China:
http://www.istockanalyst.com/article/viewarticle/articleid/3792713

Jim Chanos suggest China is “Dubai times 1000”:
http://themessthatgreenspanmade.blogspot.com/2010/01/chinas-property-bubble.html

The following article also mentions Goldman Sacs, who it mentions saw the US housing bubble popping, is now starting to sell off its Shanghai real estate in China:

http://www.businessinsider.com/the-chinese-real-estate-bubble-is-the-most-obvious-bubble-ever-2010-1#goldman-sachs-is-starting-to-sell-too-11

Chinese credit growth multiplies, personal debt in danger of spiralling out of control, with unpaid credit card debt rocketing up 129% during 2009:
http://www.straightstocks.com/investing-lessons/chanoschinabubble/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+StraightStocks+%28StraightStocks.com%29

Even by the middle of 2009 Chinese ordinary people, credit card debt with at least 6 months overdue payments soared 133%
http://www.marketwatch.com/story/chinese-increasingly-overdue-on-credit-cards

Australian’s become world leaders in personal debt, credit cards, loans, mortgages rockets beyond GDP:
http://www.chinapost.com.tw/business/asia/australia/2009/12/28/238362/Australians-become.htm

Global banksters now also consider monetary tightening to be urgent. RBS and HSBC and Goldman Sacs say China will introduce monetary tightening sooner than they originally expected, RBS says in Q2 and they bring forward their estimates of global monetary tightening from Q3 to Q2:

http://uk.reuters.com/article/idUKTRE60K0I420100121

http://www.reuters.com/article/idUSTOE60J06D20100121?type=usDollarRpt&utm_source=web&utm_medium=twitter

Goldman Sacs says China will overtake USA as world’s biggest economy by 2027:
http://uk.reuters.com/article/idUKTRE60K0I420100121

- LearnFromMistakes

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