Monday, June 27, 2011

Marc Faber : we have all the symptoms of a bubble in China

Marc Faber : I think we have all the symptoms of a bubble in China , but if the bubble is about to burst and there is a meaningful slowdown in the economy , the Chinese they invented the paper they can also print money and they will be very good at that , so they can take a pain through a depreciation in the currency rather than a collapse in the asset prices domestically "

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