Jim Chanos - short guru`s billion dollar quote

” China is Dubai times 1,000 if not a million”

detailed post at http://seekingalpha.com/instablog/507659-djvu/37374-short-guru-chanos-china-is-dubai-times-1-000-if-not-a-million

“In my opinion ,china crashing is quite easy. Dry gunpowder of huge excess capacity and export collapse are present. US just has to do the same that they did to Japan in 80`s. US forced Japan to revalue YEN and then Japan collapsed . YEN appreciated by 30% in a year!
To get a peep into his great mind, one read his recent quotes

Other relevant posts :

• Most recently made presentation in Apr`07 - at G7 meeting to panel of all the big guys - PMs, Presidents, Central Bank Heads of US,Europe warning them about how biggest banks are over-leveraged and the system could collapse. Chanos was invited to present his views to the panel. it was a Sunday afternoon and after the presentation ended , there were ZERO questions, except some EU heads asking for his visiting card. Funny thing is the same politicians who ignored the ppt are still running the world econnomy. see related post  -when Chanos warned the G7 and no one listened
• Chanos great n concise -10 slides ppt made on 22nd Oct `09 on 10 lessons from the Financial that we still havent learnt

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Related Posts:

• Regarding bull or bear. We may have both. A bull in price and a bear in value.
• The UK is the big “tweety pie” in the coal mine.
• Interesting news concerning the dollar.
• China will not do what Japan did in the 1980th to appreciate its currency under US pressure.
• China’s nowadays is similar to the 1920’s and 1930’s.

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