By John Galt
June 13, 2011
The question becomes:
Is this the ChiCom bubble finally bursting?
It just might be. This story from Bloomberg in the last half hour should give everyone with a legitimate journalistic viewpoint in Bubblevisions one through three a wake up call:
China Lending Tumbles, Signals Slowing Economy
The slowdown in Chinese economic activity reaches far beyond real estate agents and developers. The American model of moving manufacturing, management talent, an resources to mainland China could prove to be a fatal blow for the less diversified corporations who jumped on the proverbial chance to move there. I reccommend everyone read the article above and start to understand the implications should the ChiCom economy deteriorate further.






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