Thursday 12 November 2009

Moneynews

Breaking News from Moneynews.com

Chanos: Huge China Crash Coming


Hedge fund manager Jim Chanos, who was among the first to see through Enron’s web of accounting tricks, sees a similar situation evolving in China — starting with the fact that the $4.3 trillion Chinese economy is under-performing despite a $900 billion stimulus program — and is reportedly shorting the entire Chinese economy.  


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